Bumper quarter !
PAT of ₹275.8 crore in Q4FY23, as against a net loss of ₹50.5 crore a year ago same period.
Revenue up by 51.80% to ₹926.9 crore as against ₹610.6 crore during Q4FY22.
For the full year FY23, Natco posted a consolidated total revenue of ₹2811.7 crore as against ₹2043.8 crore for the last year. The net profit for the period, on a consolidated basis, was ₹715.3 crore, as against ₹170 crore last year.
Natco said, the increase in revenue and profits for the year was driven by business growth in the US market and growth in our subsidiaries in Canada & Brazil. Our Crop Health Division started off well with strong growth potential in the ensuing years.
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