• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Politics
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • Migrants Expo
  • National Events
  • Please wait..
Science

Aurobindo Pharma unit gets USFDA ‘OAI’ status after inspection

  • BY India News Newsdesk
  • March 18, 2026
  • 0 COMMENTS

New Delhi, March 17 (IANS) Aurobindo Pharma on Tuesday said that the US Food and Drug Administration (USFDA) has classified one of its subsidiary units as “Official Action Indicated” (OAI) following an inspection conducted last year.

In a regulatory filing, the company said that the USFDA inspected Unit-II of Eugia Pharma Specialities Limited, its wholly-owned subsidiary, located in Bhiwadi, Rajasthan, between November 3 and 14, 2025.

At the end of the inspection, the regulator had issued a Form 483 with nine observations.

“At the end of the inspection, a ‘Form 483’ was issued with nine observations,” Aurobindo Pharma said in its exchange filing.

“Subsequently, US FDA has now determined the inspection classification status of this unit as ‘Official Action Indicated’ (OAI),” it added.

The OAI classification means that the regulator believes certain issues found during the inspection may require regulatory action.

However, the company clarified that it does not expect any immediate impact on its business operations due to this development.

“At this point in time, the Company doesn’t foresee any impact on the business. The Company is committed to maintaining the highest quality manufacturing standards at all of its facilities across the globe,” Aurobindo Pharma stated.

Aurobindo Pharma said it remains committed to maintaining high standards of manufacturing quality across all its facilities and will inform exchanges about any further updates.

Despite the regulatory development, the company’s financial performance has remained strong.

For the December quarter, Aurobindo Pharma reported a 7.5 per cent year-on-year increase in net profit to Rs 909.8 crore, compared to Rs 846 crore in the same period last year.

The profit figure includes a one-time cost of Rs 65 crore due to changes in the labour code.

Revenue during the quarter rose 8.4 per cent year-on-year to Rs 8,646 crore from Rs 7,979 crore a year ago.

The company’s EBITDA also increased by 12.4 per cent to Rs 1,773.6 crore, while EBITDA margin improved to 20.5 per cent from 19.8 per cent in the corresponding quarter last year.

Shares of Aurobindo Pharma closed 0.80 per cent higher at Rs 1,289.80 on Tuesday, ahead of the announcement.

–IANS

pk

Post navigation

Global foldable smartphone market likely to grow 20 pc in 2026
Bengal Guv seeks quick filling of key Raj Bhavan vacancies

Related Post

Bangladesh: 13 more die of measles outbreak, overall death toll climbs to 512
May 24, 2026
Rise in Mpox cases in Pakistan signals strain on public health care infrastructure
May 24, 2026
Confirmed Ebola cases in Uganda rise to five
May 23, 2026
UN allocates up to $60 mn to accelerate response to Ebola outbreak in Congo
May 23, 2026

Our Current Issue

Australia IA – May 16-31, 2026

Alluring India 2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Arts & Culture
  • Ashes 2022
  • Australia

Recent News

  • Ban on heavy vehicles at bridge in...
  • Drug peddler’s property worth Rs 4 crore...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer