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Dishman Pharma gets USFDA report on closure of inspection of its Gujarat facility
Dishman Pharmaceuticals and Chemicals Ltd has received an Establishment Inspection Report (EIR) from the US health regulator on closure of inspection of its Bavla facility in Gujarat. The company’s Bavla facility was successfully inspected by the USFDA in July 2016. In this regard, the company received the Establishment Inspection Report (EIR) from the USFDA for the facility on February 1, 2017

Godrej Properties Q3 net profit jumps over 2-fold to Rs. 77.2 cr

Godrej Properties Ltd reported an over two-fold per cent jump in consolidated net profit at Rs. 77.25 crore for the December quarter on the account of higher income. Its net profit stood at Rs. 27.06 crore in the year—ago period. Total income from operations also rose two—fold to Rs. 518.25 crore during the third quarter from Rs. 247.24 crore in the same period a year ago.

Sundram Fasteners Q3 net up 63%

Sundram Fasteners’ net profit has jumped 63 per cent in the third quarter of the current fiscal, against the comparable quarter in FY16. The company’s net profit increased 63.4% YoY at 75.34 crore  on revenue from operations of 709.32 crore as against 613.90 crore revenue reported for the quarter ended December 31, 2016. EBIDTA for the quarter increased by 40.5% YoY to 135.62 crore. Export sales were 260.50 crore as against 211.41 crore last year.

IL&FS Engineering bags contracts worth ?515 cr in Bengal

IL&FSEngineering and Construction Company Ltd has received Letter of Intent for twoRural Electrification Works under the Deen Dayal Upadhyay Gram Jyoti Yojana,and Integrated Power Development Works of West Bengal State ElectricityDistribution Company Ltd, Kolkata, worth ₹515.47 crore. The completion scheduleof works is 24 months.

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