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Akums Drugs and Pharmaceuticals LimitedImportant, 26-05-2025: General Updates

26-05-2025 | 07:19 pm

Akums has announced a board meeting approving the financial results for the quarter and half-year. The company reported strong standalone net profit of ₹1610 Cr and consolidated net profit of ₹3438 Cr for FY25. Key highlights include effective IPO fund deployment towards debt repayment and acquisitions, plus overseas expansion through a new UK subsidiary. An Income Tax Department search had no material impact. The CEO of the CDMO business, Mr. Amrut Medhekar, resigned effective 15 July 2025.

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