SSPL WEALTH PVT LTD

Thursday 21 Nov, 2024 12:58 PM

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DRL slips after Hyderabad facility gets 7 observations from USFDA

21-Nov-24 10:23 Hrs IST

The GMP inspection was conducted from 13 November 2024 to 19 November 2024. The USFDA issued Form-483 with 7 observations.

Dr Reddy's Labs is engaged in providing medicines. The firm operates in three segments: global generics, pharmaceutical services and active ingredients (PSAI) and proprietary products.

The company's consolidated net profit declined 15.3% to Rs 1255.70 crore despite of 16.5% jump in revenue from operations to Rs 8016.10 crore in Q2 FY25 over Q2 FY24.

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