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Natco Pharma Ltd. — Earnings Release 2019
Nov 5, 2018
62741_rns_2018-11-05_b3b4dc55-ec6e-4311-b42b-85dbe86630b9.pdf
Earnings Release
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November 5, 2018
Corporate Relationship Department Manager – Listing M/s. BSE Ltd. M/s. National Stock Exchange of India Ltd Dalal Sreet, Fort “Exchange Plaza”, Bandra – Kurla Complex Mumbai 400 001 Bandra (E) Mumbai 400 051
Scrip Code: 524816 Scrip Code: NATCOPHARM
Dear Sir
Please find enclose herewith the Press Release for your information.
Thanking you
Yours faithfully For NATCO Pharma Limited
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M. Adinarayana Company Secretary & Vice President (Legal and Corp Affairs
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Ref:PR/ 8 /2018
Press Release
Hyderabad, 5[nd] November, 2018
NATCO records INR 583.40 Crores consolidated revenue and INR 181.50 Crore of profit, after tax, for the Second Quarter, FY2018-19
Hyderabad based NATCO Pharma Limited (NSE: NATCOPHARM; BSE: 524816) has recorded consolidated total revenue of INR 583.50 Crore for the second quarter ended on 30[th] September, 2018, as against INR 432.20 Crore for the same period last year, reflecting a growth of 35%. The net profit for the period, on a consolidated basis, was INR 181.60 Crores as against INR 84.40 Crore same period last year, showing a growth of 115%.
During the quarter, the company has witnessed growth in the formulations business- both domestic and exports. The breakup of revenues has Formulations domestic Rs. 193.87 crores, Formulation exports including profit share/service income Rs. 247.81 crores, API revenues Rs. 66.81 crores, other operating / other income Rs.53.61 crores and subsidiary revenues Rs. 21.40 crores for quarter ended 30[th] September 2018.
Forwarded for favor of publication For NATCO Pharma Limited
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M. Adinarayana Company Secretary & Vice President (Legal and Corp Affairs)