Gland Pharma Bags ₹902.5 Cr Order

Gland Pharma Annual General Meeting

Gland Pharma's shareholders approved the appointment of Xingli Wang as Non-Executive Non-Independent Director via postal ballot. The ordinary resolution passed with 97.07% of votes in favour.

Gland Pharma Investor Presentation: Key Takeaways

Q2 FY27 revenue ₹18,336 Mn (+23% YoY), PAT ₹2,908 Mn (+58%), adj. EBITDA margin 27%. US CDMO and launches lead; India and RoW weak.

Gland Pharma Results Update

Gland Pharma reported Q2FY27 revenue of Rs. 18,336 Mn, up 23% YoY, and PAT of Rs. 2,908 Mn, up 58% YoY. The press release accompanies its quarterly financial results filing.

Gland Pharma Q2 FY27 Results: Net Profit ₹290.8 Cr, Up 58.3% YoY

Gland Pharma Ltd reported revenue from operations of ₹1,834 Cr (+23.3% YoY) and net profit of ₹290.8 Cr (+58.3% YoY) for Q2 FY27.

Key figure

Net profit ₹290.8 Cr · +58.3% YoY

Gland Pharma Regulatory Approval

Gland Pharma received USFDA approval for Methylprednisolone Acetate Injectable Suspension USP in multiple vial formats. The product is bioequivalent to Pfizer's Depo-Medrol in a ~$214M US market.

Gland Pharma Management Change

Gland Pharma appointed Ajay Sahni as CEO of its wholly-owned subsidiary Gland Pharma International Pte. Ltd, effective 2 November 2026. He will lead the Cenexi business.

Seamec Bags ₹245.7 Cr Order from Larsen & Toubro Limited

Seamec won a Letter of Award from L&T for ONGC's PRP-X subsea work, its scope worth about ₹245.72 crore. Work completes by May 2027.

Value

₹245.7 Cr

From

Larsen & Toubro Limited (L&T Energy Hydrocarbon Division)

Execution

Work to be completed by May 2027

Shree Refrigerations Bags ₹26.44 Cr Order from Garden Reach Shipbuilders & Engineers Limited

Shree Refrigerations secured a Rs 26.44 Crore defence order from Garden Reach Shipbuilders for specialised refrigeration components. Delivery is due by 5 July 2027.

Value

₹26.44 Cr

From

Garden Reach Shipbuilders & Engineers Limited

Execution

Delivery by 05 July 2027

Time Technoplast Bags ₹35 Cr Order from Methanol Chemicals Company, Saudi Arabia

Time Technoplast's Saudi subsidiary won an exclusive one-year supply contract worth Rs. 35 Crore (USD 3.68 Million) from Methanol Chemicals Company (CHEMANOL). The order covers industrial packaging products such as drums, jerry cans and IBCs.

Value

₹35.00 Cr

From

Methanol Chemicals Company (CHEMANOL), Saudi Arabia

Execution

Within one year

Bharat Heavy Electricals Bags ₹600 Cr Order from Power Grid Corporation of India Limited, on behalf of its Project...

BHEL received an order from Power Grid Corporation of India on behalf of its project SPV for two synchronous condensers at Barmer-II HVDC terminal. The order is valued at Rs 600-900 Cr excluding GST and must be executed within 44 months.

Value

₹600.0 Cr

From

Power Grid Corporation of India Limited, on behalf of its Project SPV Company

Execution

44 months

Power Mech Projects Bags ₹489.9 Cr Order from Joint Venture of Elsewedy Electric Power Systems Projects and...

Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.

Value

₹489.9 Cr

From

Joint Venture of Elsewedy Electric Power Systems Projects (Branch) and Sinohydro Corporation Limited (Branch), for the Rabigh 2 IPP Expansion Project

Execution

20 months effective from January 1, 2027

RMC Switchgears Bags ₹3.94 Cr Order from M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

RMC Switchgears won a ₹3.94 Crore LOA from MP Poorv Kshetra Vidhyut Vitraran for LT distribution boxes. Execution is due over 36 months.

Value

₹3.94 Cr

From

M.P. Poorv Kshetra Vidhyut Vitraran Co. Ltd.

Execution

36 Months