Companies

Neuland Lab net doubles to Rs 7.8 cr

Our Bureau Hyderabad | Updated on November 23, 2017 Published on August 03, 2013




Neuland Laboratories Ltd’s net profit more than doubled to Rs 7.8 crore in the first quarter ended June 30, 2013 compared with Rs 3 crore in the year-ago period. Revenue of the Hyderabad-based company decreased to Rs 122 crore (Rs 127 crore). “Neuland reported continued progress on our campaign to reduce costs and increase profitability in the first quarter,” D.R. Rao, Chairman and Managing Director of Neuland Labs said in a release.

Published on August 03, 2013
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