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Welcure Drugs completes export-sourcing orders of up to Rs 300 crore in Q1

The company has successfully completed seven export-sourcing assignments concluded during Q1 FY 2025-26 worth Rs 299.91 crore.
July 08, 2025 / 20:08 IST
The company has successfully completed seven export-sourcing assignments concluded during Q1 FY 2025-26 worth Rs 299.91 crore.

Welcure Drugs & Pharmaceuticals on Tuesday said it has completed seven export-sourcing orders of nearly Rs 300 crore in the first quarter of 2025-26.

Export orders were executed as part of fee-based export-sourcing services executed in the ordinary course of business, the company said in a regulatory filing.

"The company has successfully completed seven export-sourcing assignments concluded during Q1 FY 2025-26 worth Rs 299.91 crore. The company acted solely as a procurement agent and earns a fixed 5 per cent commission on the above order," the filing stated.

The company remains focused on expanding its fee-based export portfolio while maintaining its debt-free capital structure, it added.

Last month, it announced bagging two export sourcing assignments worth Rs 85.6 crore. It also secured Rs 517 crore global sourcing mandate with Thailand-based Fortune SagarImpex Company Ltd.

PTI
first published: Jul 8, 2025 08:08 pm

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