The company also stated its ongoing efforts to seek external development partnerships to complement and accelerate the growth of its existing pipeline and portfolio.
Cetrorelix Acetate is primarily used to prevent premature LH (luteinizing hormone) surges in women undergoing controlled ovarian stimulation.
The business intends to commit capital of around ₹1,500 Crore, including carry-forward obligations of ₹496 Crore at the start of the year.
The cement sector faced challenges at the beginning of the quarter, with harsh winters in the North and festivities in the South affecting demand.
In March, IRCON International was granted a letter of award (LoA) by the National Highways & Infrastructure Development Corporation (NHIDCL).
The Sensex rose by 704.03 points or 0.95% to reach 74,434, while the Nifty climbed by 162.30 points or 0.72% to reach 22,582.
He joined Mahindra in 2022 to lead the company's European operations, which included Peugeot Motors and Automobili Pininfarina.
The state-run firm's topline increased 34.3% to ₹1,391.64 Crore in Q4 FY24, compared to ₹1,036.32 Crore in the same period last year.
The contract is expected to be completed within 1,260 days
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