StockWatch
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Pharmaceuticals
Board Meeting5 Aug 2026, 03:05 pm

FDC Ltd Declares Unaudited Q1 FY27 Financial Results

AI Summary

FDC Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, following a Board of Directors meeting held on August 05, 2026. The board also granted in-principle approval for an investment of up to Rs. 45 Lakhs for a minimum 26% equity stake in Netra Green Energy Private Limited, a subsidiary of Sunsure Energy Private Limited. This investment is intended for power procurement under a Group Captive Solar Project for the company's API manufacturing plant in Roha and is subject to due diligence and regulatory approvals.

Key Highlights

  • FDC Ltd declared unaudited standalone and consolidated financial results.
  • The results are for the quarter ended June 30, 2026 (Q1 FY27).
  • Board granted in-principle approval for investment in Netra Green Energy.
  • Investment amount not exceeding Rs. 45 Lakhs for a 26% stake.
  • Investment aims to secure power for the Roha API manufacturing plant.