Medicine General Financial By Ayush
The company has recorded the highest-ever profit of around Rs 12 crore. Its previous highest turnover was 97 crore in 2019-20.
Indian Medicines Pharmaceutical Corporation Limited (IMPCL), the public sector manufacturing unit of the Ministry of Ayush, is attracting more buyers. This resulted in more profit, Ministry of Ayush shared.
This growth reflects the fast-growing adoption of Ayush services and products by the public amid the outbreak of COVID-19 pandemic. Following this, the Central Drugs Standard Control Organisation recommended its 18 Ayurvedic products for WHO-GMP/COPP certification that were subject to few observations in March 2021.
The WHO gives ‘World Health Organization, Good Manufacturing Practices/Certificate of Pharmaceutical Product (WHO-GMP/CoPP)’ certification to companies after an inspection. This certification endorses IMPCL products’ quality. It will help IMPCL to start export of quality medicines.