Neuland Laboratories net profit rises 104.52% in the March 2014 quarter

Sales decline 0.33% to Rs 109.26 crore

Net profit of Neuland Laboratories rose 104.52% to Rs 8.59 crore in the quarter ended March 2014 as against Rs 4.20 crore during the previous quarter ended March 2013. Sales declined 0.33% to Rs 109.26 crore in the quarter ended March 2014 as against Rs 109.62 crore during the previous quarter ended March 2013.

For the full year,net profit rose 95.53% to Rs 26.67 crore in the year ended March 2014 as against Rs 13.64 crore during the previous year ended March 2013. Sales rose 1.11% to Rs 465.69 crore in the year ended March 2014 as against Rs 460.59 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales109.26109.62 0 465.69460.59 1 OPM %16.3811.33 -15.6313.34 - PBDT12.716.40 99 49.1730.12 63 PBT8.812.83 211 34.2315.50 121 NP8.594.20 105 26.6713.64 96

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