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Three Fold increase in profit of IMPCL Limited in FY 21-22

BNE News Desk


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The Indian Medicines Pharmaceutical Corporation (IMPCL), a central public sector enterprise (CPSE), under the Ministry of Ayush, Government of India, has announced to pay a dividend of Rs 10.13 Crores to its stakeholders- Ministry of Ayush and Government of Uttarakhand.

The dividend cheque of Rs 9.93 Crores for Ministry of Ayush was handed over to Union Minister of Ayush Shri Sarbananda Sonowal in a ceremony held at Transport Bhawan, on November 10.

On this occasion, Sarbananda Sonowal said that IMPCL Limited. has registered an impressive increase in its profits in comparison to the last Financial Year 2020-21, which is a commendable achievement. Under visionary leadership of Prime Minister Narendra Modi, Ayush sector is witnessing all round growth not only in India but globally.

The dividend cheque handover ceremony was attended by Minister of State for Ayush Majapara Mahendrabhai, Special Secretary, Ministry of Ayush, Pramod Kumar Pathak; Director Yoga and Naturopathy cell, Ministry of Ayush Vikram Singh; Advisor Ayurveda, Dr. Mukesh Kumar Managing Director, IMPCL Limited. Arvind Kumar Aggarwal, AGM (F&A), IMPCL Ltd. and others.

The Managing Director of IMPCL Limited Dr. Mukesh Kumar said that in the operational front the company has achieved an enhancement of 47 percent in capacity utilization over its previous year. An all-around enhancement in performance in terms of turnover, profit and capacity utilization over previous years has brought focus on the future prospects of the company.

IMPCL Ltd. has been conferred Mini Ratna Category II status by the Government of India and also got ISO 9001:2015 Certification. The Company is presently manufacturing 656 Classical Avurvedic, 332 Unani and 71 Proprietary Avurvedic Medicines for the various diseases spectrum. It supplies Ayurveda and Unani medicines to all the States under National Ayush Mission (NAM) and 6000 centres of Jan Aushadhi Kendras.

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BNE News Desk