IPCA LABORATORIES-Drop in Margins

EPW Research Foundation PROMOTED by the Bachchan family IPCA Laboratories manufactures speciality formulations such as anti-malarial, antiemetic, anti-hypertensive and antibiotic drugs, which together account for around 60 per cent of the company's turnover. The balance comes from bulk drugs, drug intermediaries, generic formulations and hospital products. The company's plants are located at Kandivli (Mumbai), Athal (near Silvassa), Ratlam (MP), Indore (MP), Gandhidham (Gujarat) and Sidhpur (Gujarat).