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Fortrea Clinical Development Private Limited

Conducts clinical research and data analysis for Labcorp Drug Development Inc.
2002 | Bengaluru, Karnataka (India) | Active

Last Updated:

July 17, 2024
HomeCompanyFortrea Clinical Development Private Limited

Who are the key members and board of directors at Fortrea Clinical Development?

Board Members(3)

NameDesignationAppointment DateStatus
Rishi Sharma In Director 11-Sep-2023Current
David Cooper Us Director 30-Jun-2023Current
Rangarajan Narasimhan In Director 24-Jul-2020Current

Financial Performance and Corporate Structure Insights of Fortrea Clinical Development.

Fortrea Clinical Development Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.49% decrease. The company also saw a substantial improvement in profitability, with a 55.49% increase in profit. The company's net worth Soared by an impressive increase of 18.64%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-8.49%
Revenue from Operations
-23.01%
Total Assets
13.81%
Profit or Loss
55.49%
Net Worth
18.64%
EBITDA
-42.84%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Fortrea Clinical Development?

Fortrea Clinical Development has a workforce of 219 employees as of Mar 24, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

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Latest Updates, News, and FAQs on Fortrea Clinical Development

Recent activity within the organization

  • Annual General Meeting

    Fortrea Clinical Development Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Director Appointment

    Rishi Raj Sharma was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 1 year 3 months .

    11 Sep 2023

  • Director Appointment

    David Howard Cooper was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 1 year 5 months .

    30 Jun 2023

  • Balance Sheet

    Fortrea Clinical Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Rangarajan Narasimhan was appointed as a Director was appointed as a Director on 24 Jul 2020 & has been associated with this company since 4 years 4 months .

    24 Jul 2020

  • Company Incorporation

    Fortrea Clinical Development Private Limited was registered on 24 Sep 2002 with Roc Bangalore & aged 22 years 2 months as per MCA records.

    24 Sep 2002

Frequently asked questions

  • Fortrea Clinical Development Private Limited was incorporated on 24 Sep 2002.

  • The authorized share capital of Fortrea Clinical Development Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.24 M.

  • Currently 3 directors are associated with Fortrea Clinical Development Private Limited.

    • Rishi Raj Sharma
    • David Howard Cooper
    • Rangarajan Narasimhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortrea Clinical Development Private Limited is Vaishnavi Msr No. 29 Union Street Off Cubbon Road, Bengaluru, Karnataka, India, 560001.

  • The corporate identification number (CIN) of Fortrea Clinical Development Private Limited is U73100KA2002PTC031038 and the company number is 031038 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortrea Clinical Development Private Limited is https://www.drugdevelopment.labcorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortrea Clinical Development Private Limited has fallen by -8.49%.

  • As Per 2023 financial reports, 219 employees are currently employed by Fortrea Clinical Development Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortrea Clinical Development Private Limited has experienced an upsurge of 18.64%.

  • The most recent Balance Sheet for Fortrea Clinical Development Private Limited was filed with the ROC on 31 Mar 2023.

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