India, Feb. 13 -- Natco Pharma Ltd. shares tanked during the early trading session on Thursday, February 13, after it announced weak third-quarter financial results.

At 9:50am, the company's shares had fallen by 16.14% on the Bombay Stock Exchange (BSE), reaching Rs.1,020.30. This was a drop of Rs.196.35.

The company posted its third-quarter earnings after market hours on Wednesday, February 12, 2025.

Its revenue from operations fell 37.41% to Rs.474.8 crore from Rs.758.6 crore during the third quarter of the previous financial year. This was a drop of Rs.283.8 crore.

Meanwhile, its net profit fell 37.75% to Rs.132.4 crore from Rs.212.7 crore previously. This was a drop of Rs.80.3 crore.

Natco also announced that its Director and Exe...