From losses to lift-off: Astec gains ground in Q4 FY26
The company reported consolidated total income of Rs. 161.3 crore in Q4 FY26, a strong jump from Rs. 120.3 crore in the same period last year
The company reported consolidated total income of Rs. 161.3 crore in Q4 FY26, a strong jump from Rs. 120.3 crore in the same period last year
Deploys $40 million in Hyderabad; advances APIs, peptides, and global small molecule capabilities
The investment will bring in cutting-edge downstream fermentation technology, strengthening the company’s contract manufacturing capabilities for drug substances
TheraNym will set up a greenfield large-scale mammalian drug substance manufacturing facility
Discussions are likely to centre on how the country can move up the pharmaceutical value chain
Samsung Biologics will continue supplying products previously manufactured at the site to GSK
The move comes as the global biotech and biopharma CDMO market continues to surge, fueled by rising demand
The enhancements will improve environmental sustainability, strengthen material governance, and boost utility reliability
The company’s total income jumped 31% year-on-year to Rs 125.5 crore
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