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Pharmaceuticals
Deals13 Sept 2024, 04:40 pm

Veerhealth Care Secures $40111 Export Order from US Institutional Supplier

AI Summary

Veerhealth Care Limited has announced receiving an export order worth US$ 40111 (Rs. 0.34 Crore Approx.) from an existing top institutional supplier in the United States of America. This brings the total export orders to approximately Rs. 4.50 Crore. The company has successfully shipped orders worth approximately Rs. 3.00 Crore and expects to ship the remaining orders by 30.10.2024. The company is also renovating its existing plant in Vapi, Gujarat to set up a bigger plant compliant with CGMP norms as required by the US FDA. This new order is expected to significantly boost the company's total revenues and PAT, marking a significant milestone in its growth trajectory.

Key Highlights

  • Received export order worth US$ 40111 (Rs. 0.34 Crore Approx.) from a US institutional supplier.
  • Total export orders amount to approximately Rs. 4.50 Crore.
  • Successfully shipped orders worth approximately Rs. 3.00 Crore.
  • Expected to ship remaining orders by 30.10.2024.
  • Renovating existing plant in Vapi, Gujarat to set up a bigger plant compliant with CGMP norms.
VEERHEALTH
Pharmaceuticals
Veerhealth Care Limited

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