Cipla's manufacturing facility in Goa gets two observations in Form 483 from US FDA

April 18, 2026 · 2:31 pm IST Source: Business Standard
๐Ÿ“Œ

Key Takeaways

  • Total revenue from operations marginally rose 0.02% YoY to Rs 7,074.48 crore in Q3 FY26.
  • The company reported 56.96% decrease in consolidated net profit to Rs 675.80 crore in Q3 FY26 as against Rs 1,570.51 crore in Q3 FY25.
  • The scrip had added 0.61% to end at Rs 1238.30 on the BSE on Friday.
  • Cipla said that the United States Food and Drug Administration (US FDA) has conducted an inspection at the company's manufacturing facility in Verna, Goa, India from 6th to 17th April 2026.

Full Report

Cipla said that the United States Food and Drug Administration (US FDA) has conducted an inspection at the company's manufacturing facility in Verna, Goa, India from 6th to 17th April 2026.

The inspection was a routine current good manufacturing practices (cGMP) inspection and a pre-approval inspection (PAI).

On conclusion of the inspection, the Company received two inspectional observations in Form 483.

"The company will work closely with the US FDA and is committed to address these comprehensively within stipulated time, Cipla said in a statement.

Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex generics, and deepening portfolios in our home markets of India, South Africa, North America, and key regulated and emerging markets.

The company reported 56.96% decrease in consolidated net profit to Rs 675.80 crore in Q3 FY26 as against Rs 1,570.51 crore in Q3 FY25. Total revenue from operations marginally rose 0.02% YoY to Rs 7,074.48 crore in Q3 FY26.

The scrip had added 0.61% to end at Rs 1238.30 on the BSE on Friday.

Originally reported by Business Standard.
๐Ÿ’ก

IPO Cracker Take

Grey market premium trends remain a leading indicator for listing-day performance. Pair this with subscription data and financials on each IPO page before applying.

โ“

Frequently Asked Questions

Grey market premium (GMP) is the unofficial price at which IPO shares trade before listing. It's a market-driven indicator of listing-day demand. Track live GMP for all active IPOs on our IPO GMP page.

GMP is directional but not precise. Our GMP Accuracy Tracker on the Performance page compares last-day GMP against actual listing prices across historical listings.

A negative GMP signals weak grey-market demand, which historically correlates with flat or below-issue listings. Always cross-check with subscription data before applying.
0 Comments

No comments yet. Be the first to share your opinion!