#USFDA issues Form 483 with 11 observations for #IpcaLabs Ratlam APIs manufacturing unit

Alert: US FDA inspected company’s Ratlam APIs manufacturing unit from June 5 to June 13

#IpcaLabs reports its #Q4 earnings

>>Net Profit down 22.1% at ₹59.6 cr Vs ₹76.5 cr (YoY)

>>Revenue up 34.5% at ₹2,033 cr Vs ₹1,511.6 cr (YoY)

>>EBITDA up 78% at ₹321.4 cr Vs ₹180.6 cr (YoY)

>>Margin at 15.8% Vs 12% (YoY)