20
Wednesday
June 2018
5:20 AM IST
News Headlines
Two-goal Kane gives England 2-1 World Cup opening victory over Tunisia in Volgograd        India's Srija stuns fancied Belgian Anna at women chess meet        FCA India launches Jeep Compass variant at Rs 17.53 lakh        Iraq force accuses US of killing 22 of its fighters in Syria        Merkel gets ultimatum from hardline ally over migrants        ED files fresh charge sheet against Mallya, prepares for fugitive tag        Rahul writes to slain scribe's father, offers condolence        India, China, Pakistan trilateral cooperation can help maintain peace: Beijing's envoy        Open to discussions: Delhi officers after CM's assurance on security        Fresh FIR filed against Nirav Modi for possessing multiple Indian passports        Nigeria: 31 people killed in twin suicide blasts        1 dead, 20 injured in New Jersey arts festival shooting        Mexico shock World Cup holders Germany        World Cup: Serbia edge out Costa Rica in Group E opener        Messi penalty saved as Iceland hold Argentina        Pakistan SC bars Musharraf from contesting election        FIFA World Cup 2018: Russia stun Saudi Arabia in opener, substitutes shine in 5-0 win        India vs Afghanistan, one-off Test: Afghanistan fight back as India reach 347-6 on Day 1        Four killed, 10 missing after landslide in Kerala        Railways drop coach factory project in Palakkad        
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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.


FCA India launches Jeep Compass variant at Rs 17.53 lakh
RBI releases June '18 issue of monthly bulletin
Walmart expects to close Flipkart deal by the end of 2018
Passenger vehicle sales rise 20% in May
Cabinet approves bailout package for sugar industry
India to enter top 10 OTT video markets in 4 years: PwC
Kochhar on annual leave, not forced one: ICICI Bank
In AirAsia Case, CBI To Probe Role Of 2 Former Ministers
London police seize bitcoin worth $667,000 from hacker
PNB fraud: ED files charge sheet against Nirav Modi, associates
SBI Q4 loss at Rs 7,718 crore as NPA provisions jump
PNB fraud: ED attaches Nirav Modi’s properties worth Rs 171 cr
Sohan Roy features in Top 100 Indian Business Owners by Forbes Middle East
NITI welcomes $16 bn Walmart-Flipkart deal
Bajaj Finserv offers repayment flexibility on home loan
Walmart to acquire 77% stake in Flipkart
Most Indian millennials ready to switch jobs for a pay rise: Report
Monetise Air India assets rather than selling stake: SJM to govt
With Fuel Prices Hitting the Roof, Govt Asks Oil Companies Not to Increase Rates: Report
PM Modi flags off Indian Railways' first high speed electric locomotive in Bihar
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel  
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
INTERNATIONAL NEWS
Iraq force accuses US of killing 22 of its fighters in Syria
 Baghdad, June 18 (AFP) An Iraqi paramilitary force today accused the United States of killing 22 of
Merkel gets ultimatum from hardline ally over migrants
Nigeria: 31 people killed in twin suicide blasts
1 dead, 20 injured in New Jersey arts festival shooting
NATIONAL NEWS
ED files fresh charge sheet against Mallya, prepares for fugitive tag
 Mumbai, Jun 18 (PTI) The Enforcement Directorate (ED) today filed a fresh charge sheet against embat
Rahul writes to slain scribe's father, offers condolence
India, China, Pakistan trilateral cooperation can help maintain peace: Beijing's envoy
Vajpayee better, hopeful of full recovery in next few days: AIIMS director
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