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Neuland Laboratories standalone net profit declines 75.81% in the June 2017 quarter

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Capital Market

Sales decline 22.71% to Rs 115.75 crore

Net profit of Neuland Laboratories declined 75.81% to Rs 2.30 crore in the quarter ended June 2017 as against Rs 9.51 crore during the previous quarter ended June 2016. Sales declined 22.71% to Rs 115.75 crore in the quarter ended June 2017 as against Rs 149.77 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales115.75149.77 -23 OPM %9.1916.37 -PBDT8.5318.68 -54 PBT3.4314.32 -76 NP2.309.51 -76

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First Published: Sep 11 2017 | 4:40 PM IST

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