Hot Pursuit     27-Mar-23
FDC rises as API facility clears USFDA inspection
FDC rose 1.69% to Rs 259 after the pharma company said that the US drug regulator successfully completed its inspection at its Raigad active pharmaceutical ingredients (API) facility with no observations.
The United States Food and Drug Administration (USFDA) inspected the company's manufacturing facilty located at Roha, District Raigad in Maharashtra from 20 March 2023 to 24 March 2023.

The audit has been successfully completed by the US FDA with ‘no observations' or zero 483's, said the company.

The company added that the product manufactured at the above facility continues to be marketed in the USA.

FDC is a fully integrated research-oriented pharmaceutical company engaged in the manufacturing and marketing of Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs).

The company's consolidated net profit rose 14.2% to Rs 40.75 crore on 19.8% jump in net sales to Rs 409.30 crore in Q3 FY23 over Q3 FY22.

Previous News
  Key barometers hit fresh intraday high; FMCG stocks edged higher
 ( Market Commentary - Mid-Session 27-Mar-23   14:35 )
  Volumes spurt at Honeywell Automation India Ltd counter
 ( Hot Pursuit - 16-May-24   14:30 )
  FDC announces board meeting date
 ( Corporate News - 11-Mar-20   17:38 )
  FDC net profit declines 20.38% in the June 2014 quarter
 ( Results - Announcements 04-Aug-14   10:54 )
  FDC fixes record date for buyback of shares
 ( Market Beat - Reports 15-Feb-18   20:09 )
  FDC to conduct AGM
 ( Corporate News - 11-Sep-20   14:11 )
  FDC to conduct board meeting
 ( Corporate News - 31-Oct-18   11:14 )
  FDC net profit rises 5.47% in the September 2013 quarter
 ( Results - Announcements 06-Nov-13   10:05 )
  FDC schedules board meeting
 ( Corporate News - 02-Nov-23   12:30 )
  FDC schedules board meeting
 ( Corporate News - 28-Jan-21   11:02 )
  FDC standalone net profit declines 35.78% in the March 2018 quarter
 ( Results - Announcements 26-May-18   15:05 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top