MARKETS

Natco Pharma Shares Slump 2% as API Unit Gets 7 Observations 

Natco Pharma feels the observations are procedural in nature and is confident that it can handle them fully.
The corporation feels the observations are procedural in nature and is confident that it can handle them fully.

Shares of Natco Pharma Ltd were trading 2% lower on 24 November after the company announced receiving 7 observations from the United States Food and Drug Administration.

The USFDA completed the inspection at the company’s Manali, Chennai, Active Pharmaceutical Ingredients (API) unit, which took place from 17 to 21 November 2025. Following the inspection, the company received seven observations on the Form-483.

However, the corporation feels the observations are procedural in nature and is confident that it can handle them fully.

The company remains committed to becoming cGMP compliant and providing high-quality products to its clients and patients worldwide, it stated.

The company’s net profit for the September quarter fell 23% to Rs 518.40 crore from Rs 677.30 crore year on year.

Natco Pharma, headquartered in Hyderabad, develops, manufactures, and distributes a wide range of generic and branded pharmaceuticals. The company also operates in the speciality pharma and crop-protection segments. 

Backed by a strong research-driven approach, Natco has built a science-focused organisation that holds a leading position in oncology, especially in targeted therapies in the Indian market..

At 12:50 pm, the shares of Natco Pharma were trading 1.76% lower at Rs 849.50 on NSE. 

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