
Ind-Swift Laboratories declares Q1 FY27 results, approves land sale
Ind-Swift Laboratories Ltd announced that its Board of Directors, in a meeting held on August 10, 2026, approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The company also approved the sale of approximately 40 Bighas (10 acres) of land in Village Behra, Derabassi, Punjab, for a consideration of ₹17.50 Crore. This land was initially purchased for a manufacturing facility but was found unsuitable for finished dosages due to international regulatory requirements. The sale is expected to be completed within nine months. The financial results and limited review reports have been submitted to the exchanges and will be available on the company's website.
Key Highlights
- Board approved standalone and consolidated un-audited financial results for Q1 FY27.
- Approved sale of approximately 10 acres of land for ₹17.50 Crore.
- Land sale is due to unsuitability for finished dosages facility.
- Transaction to be completed within nine months.
- Financial results to be available on the company website.
Price Impact
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