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At the end of the inspection, no observations critical to Good Manufacturing Practices were detected.
Alkem Laboratories is a leading Indian pharmaceutical company with global operations, engaged in the development, manufacture and sale of pharmaceutical and nutraceutical products. The company produces branded generics, generic drugs, active pharmaceutical ingredients (APIs) and nutraceuticals, which it markets in India and International markets.
On a consolidated basis, the company reported a 15% rise in net profit to Rs 533.35 crore on a 13% increase in net sales to Rs 2,618 crore in Q3 FY22 over Q3 FY21.
Shares of Alkem Laboratories were trading 0.14% lower at Rs 3,446.75 on BSE.
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