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Parenteral Drugs commences production at Khargone plant

07 Oct 2015 Evaluate

Parenteral Drugs has commenced its production at the relocated plant situated at Village Panwa, Tehsil Kasrawad, District Khargone, Madhya Pradesh on October 07, 2015. The company has initiated the process of relocation of the plant situated at Village Asrawad, Post Dudhia, Nemawar Road, Indore, Madhya Pradesh to Village Panwa in April 2015.

Parenteral Drugs (India) (PDIL) is a manufacturer of Intravenous Fluid (IVF), one of the basic pharmaceutical compounds. PDIL has set up two marketing subsidiaries, Parenteral Surgicals and Parentech Healthcare. Based on the provisional standalone results for H1FY15, PDIL reported TOI of Rs.100.39 crore (H1FY14: Rs103.07) and net loss of Rs34.87 crore (H1FY14: Rs 29.12 crore).

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