Natco Pharma standalone quarterly profit plummets 48.77%
Source: IRIS | 11 Feb, 2015, 04.42PM
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Rating: NAN / 5 stars. |
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Natco Pharma said a drop in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company declined 48.77% to Rs 166.10 million from Rs 324.20 million in the same quarter previous year. Net sales for the quarter declined marginally 4.17% to Rs 1,669.60 million, compared with Rs 1,742.30 million for the prior year period. Earnings per share for the quarter stood at Rs 5.02, registering 50.49% decline over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 1,669.60 | 1,742.30 | (4.17) | Net Profit | 166.10 | 324.20 | (48.77) | Basic EPS | 5.02 | 10.14 | (50.49) |
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