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Natco Pharma Ltd. — Interim / Quarterly Report 2019
Feb 12, 2019
62741_rns_2019-02-12_a841d50e-ce44-4e1f-9bca-6b44d471e64d.pdf
Interim / Quarterly Report
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February 12, 2019
Corporate Relationship Department Manager – Listing The BSE Ltd. M/s. National Stock Exchange of India Ltd Dalal Street, Fort “Exchange Plaza”, Bandra – Kurla Complex Mumbai 400 001 . Bandra (E) Mumbai 400 051 .
Scrip Code: 524816 Scrip Code: NATCOPHARM
Dear Sir,
Sub:- Outcome of Board Meeting
Further to our intimation dated 2[nd] February, 2019, we would like to inform you that the Board of Directors of the Company at their meeting held today have considered the following along with other items of business:
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Approved Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended 31[st] December, 2018 prepared under Indian Accounting Standards (IND-AS) and as per Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with Review Report of the Statutory Auditors. Please find enclosed a copy of the same for your information.
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Declared second interim dividend of Rs.3.50 ps. (Rupees three and paise fifty only) on each equity share of face value Rs.2/- (Rupees two only) each for the financial year 2018-2019. The date for taking on record of the its shareholders of the company eligible for the purpose of payment of second interim dividend i.e. Record Date is fixed as Friday, the 22[nd] day of February, 2019 . The said interim dividend will be paid from Tuesday, the 26[th] day of February, 2019.
We are also updating the financial results on the website of the Company www.natcopharma.co.in.
A copy of the Press Release also enclosed for your information
This is for your information and records.
Thanking you,
Yours faithfully,
For NATCO Pharma Limited
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M Adinarayana Company Secretary & Vice President (Legal & Corp. Affairs)
Encl: as above
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Ref:PR/12/2019 Hyderabad, 12[th] February, 2019
Press Release
NATCO records INR 580.0 Crore revenue and INR 159.3 Crore of Profit, after tax, for the Third Quarter, FY 2018-19
Hyderabad based NATCO Pharma Limited (NSE: NATCOPHARM; BSE: 524816) has recorded consolidated total revenues of INR 580.0 Crore for the quarter ended on 31[st] December, 2018, as against INR 573.6 Crore during the same quarter last year.
The net profit for the period, on a consolidated basis, was INR 159.3 Crore, as against INR 217.4 Crore same quarter last year. The decline in profits during the quarter compared to last year was predominantly due to margin reduction of Oseltamivir in the USA market.
Revenue Split (approx.) for Quarter 3, FY2019-
| e Split (approx.) for Quarter 3, FY2019- | ||
|---|---|---|
| API | - | INR 99 Cr |
| Formulations, Domestic | - | INR 164 Cr |
| Formulations, Exports (incl Profit Share) | - | INR 257 Cr |
| Foreign Subsidiaries | - | INR 25 Cr |
| Other Operating & Other Income | - | INR 35 Cr |
The Board of Directors has recommended an interim dividend of INR 3.50 per equity share of INR 2/-each.
Forwarded for favour of publication
For NATCO Pharma Limited
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M. Adinarayana Company Secretary & Vice President (Legal and Corp Affairs