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BPPI sales turnover up 94 percent to Rs 146.59 crore in Q1
New Delhi: The Bureau Of Pharma PSUs Of India (BPPI) reported a 94.21 percent increase in its sales turnover at Rs 146.59 crore for the quarter ended June 30, 2020, the Ministry of Chemicals and Fertilizers said on Sunday.
It had posted a sales turnover of Rs 75.48 crore in the corresponding first quarter of previous fiscal year, a statement by the ministry said.
BPPI is the implementing agency for Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).
The Janaushadhi Kendras remained functional during the lockdown as part of their commitment to ensure uninterrupted availability of essential medicines to the people, the statement said.
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"Present basket of medicines sold by these Kendras consists of 1,250 medicines and 204 surgical instruments. The target is set to enhance it to up to 2,000 medicines and 300 surgical products by the end of March 31, 2024...," it added.
BPPI was established in December 2008 under the Department of Pharmaceuticals.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751