Neuland Laboratories standalone net profit rises 16.52% in the March 2016 quarter

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Sales rise 2.64% to Rs 126.85 crore
Net profit of Neuland Laboratories rose 16.52% to Rs 6.63 crore in the quarter ended March 2016 as against Rs 5.69 crore during the previous quarter ended March 2015. Sales rose 2.64% to Rs 126.85 crore in the quarter ended March 2016 as against Rs 123.59 crore during the previous quarter ended March 2015.For the full year,net profit rose 67.36% to Rs 26.41 crore in the year ended March 2016 as against Rs 15.78 crore during the previous year ended March 2015. Sales rose 9.15% to Rs 485.77 crore in the year ended March 2016 as against Rs 445.06 crore during the previous year ended March 2015.
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First Published: May 20 2016 | 5:16 PM IST