Draft:Micro Labs Limited

Indian pharmaceutical company based in Bengaluru From Wikipedia, the free encyclopedia

Micro Labs Limited is an Indian pharmaceutical company headquartered in Bengaluru, Karnataka. It was founded in 1973 by G. C. Surana and is currently managed by his sons Dilip Surana and Anand Surana. The company manufactures generic and branded formulations as well as active pharmaceutical ingredients (APIs), and exports to more than 50 countries.[1][2][3]

  • Comment: Multiple repeated citations, multiple self-cites, multiple citations specifically about Surana rather than the company, and multiple deleted drafts. This isn't necessarily irredeemable, but it might honestly be better to start from scratch. guninvalid (talk) 08:30, 12 November 2025 (UTC)

Company typePrivate
IndustryPharmaceuticals
Founded1973
FounderG. C. Surana
Quick facts Company type, Industry ...
Micro Labs Limited
Company typePrivate
IndustryPharmaceuticals
Founded1973
FounderG. C. Surana
Headquarters
Area served
Worldwide
Key people
G. C. Surana (Founder)
Dilip Surana (Chairman and Managing Director)
Anand Surana (Joint Managing Director)
ProductsGeneric drugs, branded formulations, active pharmaceutical ingredients
Revenue₹5,300 crore (2023, approx.)
Number of employees
10,000+
Websitemicrolabsltd.com
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History

Micro Labs began operations in 1973. Over time, it expanded its product portfolio to include medicines in therapeutic areas such as cardiology, diabetology, anti-infectives, and pain management. By the 2000s, it had established multiple facilities across India for both domestic and international supply.[4][5][6]

Products

The company manufactures a wide range of pharmaceuticals, including antibiotics, cardiovascular and antidiabetic drugs, and analgesics. Its most widely known brand is Dolo-650, a paracetamol formulation that saw extensive demand in India during the COVID-19 pandemic.[7][8][9]

Operations

Micro Labs operates more than 20 manufacturing facilities in states including Karnataka, Goa, Kerala, and Sikkim. These are certified for Good Manufacturing Practices (GMP) and cater to both domestic and regulated international markets. The company employs over 10,000 people.[10][11][12]

Financials

As of the fiscal year ending 31 March 2024, Micro Labs Limited, the manufacturer of Dolo 650, reported revenues of approximately ₹6,670 crore.[13]In the previous year, credit rating agency CRISIL noted that the company’s revenue for FY 2023 was around ₹5,300 crore, driven by both domestic formulations and export growth.[14]

According to EMIS, the company has recorded consistent increases in key indicators such as operating profit, EBITDA, net profit, total assets, and equity in recent years.[15]The company also states in its corporate presentation that nearly 10 % of its revenue is derived from its Contract Research and Manufacturing Services (CRAMS) business.[16]

Controversies

In July 2022, the Income Tax Department conducted searches at Micro Labs' offices and promoters' residences across several states. Authorities alleged tax evasion of over ₹300 crore and the distribution of freebies to doctors valued at around ₹1,000 crore, practices which were considered violations of tax and ethical norms.[17][18][19]

See also

References

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