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Neuland Laboratories standalone net profit declines 74.68% in the September 2017 quarter

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Capital Market

Sales decline 15.87% to Rs 125.85 crore

Net profit of Neuland Laboratories declined 74.68% to Rs 2.59 crore in the quarter ended September 2017 as against Rs 10.23 crore during the previous quarter ended September 2016. Sales declined 15.87% to Rs 125.85 crore in the quarter ended September 2017 as against Rs 149.59 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales125.85149.59 -16 OPM %11.4016.81 -PBDT9.4619.65 -52 PBT4.0815.11 -73 NP2.5910.23 -75

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First Published: Nov 23 2017 | 4:59 PM IST

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