Hot Pursuit     03-Nov-23
Marksans Pharma rises after subsidiary receives EIR from US FDA
Marksans Pharma added 3.98% to Rs 113.75 after the company announced that its wholly owned subsidiary Time-Cap Laboratories, Inc. has received establishment inspection report (EIR) from the US FDA.

The said EIR has been issued in relation to the US Food & Drugs Administration (US FDA) audit that was conducted in the month of October 2023.

"No 483' s were issued during the audit,” Marksans Pharma said in a statement.

Marksans Pharma is primarily engaged in the business of research, manufacture, marketing and sale of pharmaceutical formulations.

On consolidated basis, the company's net profit jumped 15% to Rs 68.66 crore during the quarter as compared with Rs 59.72 crore posted in corresponding quarter last year. Net sales increased 15.3% year on year to Rs 500.03 crore in Q1 FY24 over Q1 FY23.

Previous News
  Marksans Pharma jumps on raising funds via conversion of warrants
 ( Hot Pursuit - 20-Jan-23   11:03 )
  Board of Marksans allots 5.03 cr equity shares on conversion of warrants
 ( Corporate News - 20-Jan-23   10:01 )
  Marksans Pharma to conduct board meeting
 ( Corporate News - 23-May-20   15:03 )
  Marksans Pharma to announce Quarterly Result
 ( Corporate News - 27-Oct-21   10:53 )
  Marksans Pharma consolidated net profit rises 191.46% in the March 2023 quarter
 ( Results - Announcements 31-May-23   07:44 )
  Marksans Pharma standalone net profit declines 91.00% in the September 2016 quarter
 ( Results - Announcements 14-Nov-16   15:52 )
  Marksans Pharma consolidated net profit declines 98.82% in the September 2016 quarter
 ( Results - Announcements 14-Nov-16   15:51 )
  Marksans Pharma consolidated net profit rises 14.97% in the June 2023 quarter
 ( Results - Announcements 12-Aug-23   07:46 )
  Marksans Pharma declines on profit booking
 ( Hot Pursuit - 05-Jun-17   10:30 )
  Board of Marksans Pharma recommends final dividend
 ( Corporate News - 31-May-19   14:22 )
  Marksans Pharma reports net profit of Rs 37.01 crore in the March 2013 quarter
 ( Results - Announcements 27-May-13   12:30 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top