Wockhardt posts ₹107 crore profit, antibiotic business drives turnaround
Wockhardt returned to profit in the June quarter of FY27, reporting a net profit of ₹107 crore against a loss of ₹108 crore a year earlier. Revenue rose 26 per cent to…
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Regulator mandates full review of globally unapproved drugs
India's drug regulator has clarified that new drugs not yet approved anywhere in the world must undergo the full domestic regulatory process, even if Indian patients participated in global clinical trials. The…
SwishX pivots from device leasing to AI for pharma sales workflows
SwishX, formerly Swish Club, raised $4.5 Mn in 2024 for device leasing but shut that business to build an agentic AI platform for pharma and medtech companies. It targets sales, distribution, hospital…
Kwality Pharma shares surge 20% as Q1 net profit more than doubles
Kwality Pharmaceuticals shares jumped over 20% on NSE to Rs 3,134 after the company reported consolidated net profit of Rs 25.6 crore for the June quarter, more than double the Rs 11.9…
20 stocks in focus: Signature Global, IndusInd Bank, pharma
The Hindu Business Line reports Signature Global awarded Rs 920 crore in construction contracts to KEC International and NCC for 11 towers at its Dwarka Expressway project. Work starts in Q3 FY27.…
Neuland shares hit record high after profit surge, capacity approval
Neuland Laboratories shares rose 10.2% to a record Rs 21,999 on the NSE on Thursday after the company reported its June quarter results and approved a capacity expansion in Telangana. The stock…
Cohance Lifesciences Reports Rs 45.19 Crore Q1 Loss
Cohance Lifesciences reported a consolidated loss of Rs 45.19 crore for the quarter ended June, against a profit of Rs 46.40 crore a year earlier. Total income fell to Rs 434.51 crore…
