21
Sunday
October 2018
2:39 PM IST
News Headlines
Virat Kohli And Team India Gear Up For 1st ODI vs Windies With A Game Of Keepy-Uppy        Shuttler Srikanth out; Saina in final of Denmark Open        Amritsar tragedy: Women, children among 61 killed as rushing trains crush Dussehra revellers        Rahul Gandhi calls on Sri Lankan PM        Top Afghan Police Chief Killed In Shooting, US General Unhurt        Putin says IS seized 700 hostages in Syria; executing some        Ten-wicket Abbas destroys Australia for Pakistan's series win        Vijayan urges UAE Keralites to back salary challenge        Japan introduces Artificial Intelligence technology to ease business        Reliance Industries posts net profit of Rs 9516cr in Q2        ISL: Super-sub Maimouni Hands ATK First Win        Chris Morris returns for Australia tour        PCB chief urges Australia to return to Pakistan        Sri Lankan President assured of "fullest cooperation" by PM Modi        VP Naidu arrives in Brussels for 12th ASEM Summit        In Turkey, Pompeo discusses Iranian oil consumption, Khashoggi's disappearance        PNB Scam: ED seizes more assets of Modi, Choksi        Andhra CM visits cyclone-hit areas in Srikakulam        #MeToo fallout: MJ Akbar resigns as minister of state for external affairs        SC writ fails in Sabarimala, not a single young woman allowed by protesters        
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Business News
Natco Pharma PAT for Q ending March 31 up by nearly 70 pc
 
Hyderabad, May 23 (PTI): Natco Pharma Limited today said its consolidated Profit After Tax (PAT) for the quarter ending March 31, 2018 was up by nearly 70 per cent to Rs 300 crore as against Rs 176.4 crore during the same quarter in FY`17.

A press release from the city-based drug-maker said the company recorded a net revenue of Rs 788 crore, on a consolidated basis during the quarter as against Rs 577.2 crore in Q4, 2017, an increase of 36.50 per cent.

For the full FY '18,total revenuewas Rs 2,242.2 crore against Rs2,079 crorein FY '17 while net profit was Rs 695.2 crore as againstRs485crore, a growth of 43.37per cent.

"The growth in revenue and profit during the year was driven primarily by formulation business in the USA that included niche generic product launch of glatiramer acetate, liposomal doxorubicin and lanthanum carbonate,"the press release said.

Additionally, generic oseltamivir sales in the USA was a strong contributor for the company in spite of the competition while the domestic oncology formulation business continued to be strong during the year,it added.


Japan introduces Artificial Intelligence technology to ease business
Reliance Industries posts net profit of Rs 9516cr in Q2
Infosys Q2 net profit grows 10.3% to Rs 4,110 crore
Trillions in US net worth vulnerable to recession: IMF
Will cause third World War if I join politics: Indra Nooyi
RBI springs surprise, keeps interest rates unchanged
IndiGo announces flights to Male, Phuket
Salaries in India may rise 10% in 2019, highest in Apac:Study
Govt to finalise Air India revival package in 10-15 days, says Choubey
Apple chief says firm guards data privacy in China
Govt plans Bharat-22 ETF listing on an overseas exchange
Sun Pharma expects normalisation of India biz in FY'19
Innovations for festive sales help build capabilities for future, says Flipkart
Cabinet Gives Nod to New Telecom Policy to Create 40 Lakh Jobs
Cabinet okays Rs 4,500 crore package to sugar industry
Instagram departures hit Facebook shares
Sensex ends in red after 1,000-pt flash crash
OYO to hire over 2,000 tech experts, engineers by 2020
Sensex recovers over 100 points on value-buying, global cues
Deepak Kapoor Appointed the new Chairperson of Save the Children
KERALA NEWS
Vijayan urges UAE Keralites to back salary challenge
 (Abu Dhabi, Oct 18, 2018): Kerala Chief Minister Pinarayi Vijayan has urged Keralite business  
Sabarimala row: Protests against SC verdict continue
Balabhaskar's wife Lakshmi shifted to ICU
Idukki dam's one shutter opened
INTERNATIONAL NEWS
Top Afghan Police Chief Killed In Shooting, US General Unhurt
 (Kandahar, oct 19, 2018):Gen. Abdul Razeq, one of Afghanistan's most powerful security offici
Putin says IS seized 700 hostages in Syria; executing some
Sri Lankan President assured of "fullest cooperation" by PM Modi
VP Naidu arrives in Brussels for 12th ASEM Summit
NATIONAL NEWS
Amritsar tragedy: Women, children among 61 killed as rushing trains crush Dussehra revellers
 (CHANDIGARH, oct 19, 2018):At least 61 people, including women and children, were mowed down
Rahul Gandhi calls on Sri Lankan PM
PNB Scam: ED seizes more assets of Modi, Choksi
Andhra CM visits cyclone-hit areas in Srikakulam
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