Income from operations uo 14% to Rs 976 cr; however, nine-month profit is flat at Rs 792 cr
Total income from operations rose 13.5% to Rs 976.48 crore during the quarter
After steep hit in two trading sessions, shares recovered with a 3.08% increase at Rs 788.9
Possible import alert after USFDA remarks about firm's Vizag unit drags stock down to two-year low
USFDA observed that its Vizag facility was not maintained to ensure the quality of the APIs
Strong observations by US FDA for Unit II facility, accounts for 70% of the company's revenues
Andhra Pradesh government had allotted 500 acres of land to the company near Kakinada in East Godavari district
The stock dipped 6% to Rs 1,091 after USFDA has issued form 483 with five observations against its unit at Visakhapatnam of Andhra Pradesh.
Total income up 34% to Rs 1,095 cr; full-year consolidated net up 31% to Rs 1,112 cr