tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vivimed Labs Reports Financial Results Amid Loan Default Challenges

Story Highlights
Vivimed Labs Reports Financial Results Amid Loan Default Challenges

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Vivimed Labs Limited ( (IN:VIVIMEDLAB) ) has shared an update.

Vivimed Labs Limited’s Board of Directors approved several key resolutions in their recent meeting, including the submission of unaudited financial results for the quarter ending June 30, 2025, and the re-appointment of key directors and auditors. Despite these developments, the company faces financial challenges, with a significant default in loan repayments amounting to Rs 3,748.22 million, leading to all loan accounts being classified as non-performing assets by banks. This financial strain could impact the company’s operational stability and stakeholder confidence.

More about Vivimed Labs Limited

Vivimed Labs Limited operates in the pharmaceutical industry, focusing on the production and distribution of active pharmaceutical ingredients, finished formulations, and specialty chemicals. The company primarily serves the healthcare and personal care markets.

Current Market Cap: 406.3M INR

For a thorough assessment of VIVIMEDLAB stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1