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

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Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales126.85123.59 3 485.77445.06 9 OPM %13.5416.21 -16.4414.91 - PBDT12.6312.20 4 57.0239.80 43 PBT11.528.58 34 41.2824.48 69 NP6.635.69 17 26.4115.78 67

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First Published: May 20 2016 | 5:16 PM IST

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