ALPHA TRIBE

Panacea Biotec LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 08:07 pm

Panacea Biotec Ltd has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated numbers show a net loss after tax of ₹8.72 crore, widening from ₹1.50 crore last year, with total income steady at around ₹559 crore. The vaccine segment struggled with a loss before tax of ₹16.52 crore, while formulations posted a profit of ₹8.57 crore. No dividend was declared due to losses. The board also approved appointing M/s R & D Company Secretaries as Secretarial Auditors for five years, pending shareholder approval.

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