NATCO Pharma Q3 results: Key reasons that cause decline

Pharmaceutical company NATCO Pharma posted its results for the third quarter of fiscal 2024-25 (Q3 2025) on Wednesday.

The company reported a 37.75% year-on-year (YoY) decline causing a drop of 19% in its shares on Thursday. 

The net profit dropped to ₹132.4 crore in the Q3 2025 compared to ₹212.7 crore in the previous quarter of last year. 

The company’s consolidated revenue from operations declined by 37.4% to ₹474.8 crore in the third quarter from ₹758.6 crore last year.

The company’s consolidated revenue from operations declined by 37.4% to ₹474.8 crore in the third quarter from ₹758.6 crore last year.

Share price 

The shares of NATCO Pharma slide 18.95% to ₹986 per share on the Bombay Stock Exchange (BSE). 

At the time of closing the share dipped to the price of ₹975.05 apiece.  

The key reasons include the decline in export formulation business which is the biggest revenue contributor for the company. 

Reasons Behind Revenue Dip

The export formulation revenue declined to ₹285.8 crore from ₹605.6 crore in the third quarter last year.