Natco Pharma Ltd's net profit increased 54 per cent at Rs 33.5 crore in the first quarter ended June 30, 2014 compared to Rs 21.8 crore in the year-ago period.

The total revenue of the Hyderabad - based company rose 20 per cent to Rs 211 crore (Rs 176 crore), according to a release.

The growth was driven by increase in sales of both bulk chemicals and formulations. The earnings per share stood at Rs 10.12 (Rs 6.94).

Natco scrip lost 0.63 per cent to close at Rs 1,032.30 on the Bombay Stock Exchange on Tuesday.