Neuland Laboratories has reported results for the second quarter ended September 30, 2013.
The company has reported 11.68% rise in its net profit at Rs 3.44 crore for the quarter as compared to Rs 3.08 crore for the same quarter in the previous year. However, total income from operation of the company has decreased by 10.97% at Rs 105.09 crore for quarter under review as compared to Rs 118.04 crore for the quarter ended September 30, 2012.
Neuland Laboratories is engaged in manufacturing of Salbutamol Sulphate. The company has has two world-class API manufacturing facilities close to the city of Hyderabad, capable in handling complex and hazardous reactions.
