Hikal gets MPCB nod to re-start Taloja unit

30 Jun 2022 , 01:25 PM

The company has commenced manufacturing at the plant in a phased manner. ?Hikal being a responsible care certified company stands by its commitment to long term sustainability and ethical way of doing business?, said the company. The company had filed a writ petition in the Honorable Bombay High Court against the MPCB direction to grant permission to the company, to re-start manufacturing activities at this unit on 23 June 2022. Hikal is engaged in the manufacturing of various chemical intermediates, specialty chemicals, active pharmaceutical ingredients (APIs) and contract research activities. The companys consolidated net profit fell 59.3% to Rs 20.71 crore on a 5.8% decrease in net sales to Rs 500.95 crore in Q4 FY22 over Q4 FY21. Shares of Hikal were down 2.99% at Rs 241.80 on the BSE. Powered by Capital Market – Live News