Neuland Q4 net up 152.66 pc

City-based Neuland Laboratories, manufacturer of active pharmaceutical ingredients, registered a 152.66 per cent increase in net profit to Rs 8.06 crore for the fourth quarter ended March 31, 2009, as compared with Rs 3.19 crore during the corresponding quarter of last year.

Net revenues increased 33.34 per cent during the quarter to Rs 85.58 crore from Rs 64.18 crore. For the year ended March 31, 2009, net profit stood at Rs 11.92 crore and revenues of 306.72 crore.