Navigation Links
Neuland Labs Reports Financial Results For Fiscal Year 2013
Date:5/10/2013

HYDERABAD, India, May 10, 2013 /PRNewswire/ -- Neuland Laboratories Ltd., (NSE: NEULANDLAB; BOM: 524558) a pharmaceutical manufacturer providing active pharmaceutical ingredients (APIs), complex intermediates and contract manufacturing services to customers located in 85 countries, today announced financial results for the 2013 fiscal year (FY) ended March 31, 2013.

"Our initiatives to reduce costs and increase profitability gained momentum in FY 2013, and we are pleased to report record profits for the year," said Dr. D.R. Rao , Chairman and Managing Director of Neuland Labs .  "The reorganization of our business and accompanying capital infusion last year enabled us to reduce our financing costs and to realize greater efficiencies in our manufacturing operations.  We intend to continue our focus on achieving greater growth along with enhanced profitability in the new fiscal year."

Revenues for FY 2013 were $85.0 million (4.61 billion INR*) compared to FY 2012 revenues of $82.7 million (4.48 billion INR), an increase of 2.8%.  The increase in revenues primarily reflects gains in sales of the company's products and services from its API and Contract Research and Manufacturing businesses.

Neuland reported FY 2013 EBITDA of $11.3 million (614.5 million INR), compared to EBITDA of $8.9 million (483.5 million INR) in FY 2012, an increase of 27.1%.

After-tax profits in FY 2013 were $2.5 million (136.4 million INR), compared to after-tax profits in FY 2012 of $0.4 million (20.3 million INR).  

"During fiscal year 2013, we made further progress in building a strong foundation for future growth and profitability," commented Sucheth R. Davuluri, Chief Executive Officer of '/>"/>

SOURCE Neuland Laboratories Ltd.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Neuland Labs Strengthens Commitment to Japanese Market With New Manufacturing Collaboration With Mitsubishi Healthcare Unit API Corporation
2. Neuland Labs Reports Second Quarter Fiscal Year 2013 Financial Results
3. Neuland Labs Reports First Quarter Fiscal Year 2013 Financial Results
4. Neuland Labs Reports Financial Results For Fiscal Year 2012
5. Omeros Corporation Reports First Quarter 2013 Financial Results
6. Lexicon Pharmaceuticals Provides Clinical Pipeline Update and Reports 2013 First Quarter Financial Results
7. CareFusion Reports Third Quarter Fiscal 2013 Results
8. Misonix Reports Nine Months Fiscal 2013 Financial Results
9. Optimer Reports First Quarter 2013 Financial Results
10. American Pacific Reports Fiscal 2013 Second Quarter Results; Increases Full Year Guidance
11. Alimera Sciences Reports First Quarter 2013 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... , July 10, 2014   LabStyle Innovations ... Solution, today announced the appointment of Professor ... of its Board of Directors. Prof. ... business experience to LabStyle as an entrepreneur, venture ... and corporate governance expert. He currently serves on ...
(Date:1/15/2014)... , Jan. 15, 2014 Most osteoporosis patients want ... a recent online survey* sponsored by Mission Pharmacal Company. ... National Osteoporosis Foundation online support community, revealed that 74 ... that comes in a form other than a pill ...
(Date:1/15/2014)... Jan. 15, 2014  Celsion Corporation (the "Company") (NASDAQ: ... from institutional investors to purchase an aggregate of approximately ... at-the-market registered direct offering, led by a dedicated health ... purchase agreements with these investors pursuant to which the ...
Breaking Medicine Technology:LabStyle Innovations Welcomes Richard B. Stone to its Board of Directors 2LabStyle Innovations Welcomes Richard B. Stone to its Board of Directors 3LabStyle Innovations Welcomes Richard B. Stone to its Board of Directors 4Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 2Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 3Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 2Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 3
... --  Empire Genomics today announced that it has ... portfolio for the Japanese market.  The deal represents Empire,s international ... "We are excited to have such a proven and expert ... access to our broad genomic product and service portfolio," said ...
... MYL ) today announced that its subsidiary Mylan Pharmaceuticals Inc. ... Administration (FDA) for its Abbreviated New Drug Application (ANDA) for ... mg, 15 mg, and 20 mg. This product is the ... which is indicated for the treatment of schizophrenia and the ...
Cached Medicine Technology:Empire Genomics Chooses Funakoshi as Japan Distributor 2Mylan Launches Generic Version of Zyprexa® Tablets 2
(Date:7/10/2014)... 10, 2014 (HealthDay News) -- Most professional football players ... to the game, a new study finds. Shoulder ... their rate of return after surgery to fix the ... The new study included 60 players who had shoulder ... procedure successfully returned to play, defined as playing in ...
(Date:7/10/2014)... HealthDay Reporter THURSDAY, July 10, 2014 ... out regularly between outspoken celebrities or loudmouth pundits -- too ... new study suggests. High amounts of Twitter use can ... is in a long-term relationship, according to findings from an ... friction can lead to cheating and breakups, the researchers concluded, ...
(Date:7/10/2014)... a microchip-based device developed at the Massachusetts General Hospital ... Cancer Center can be cultured to establish cell lines ... July 11 issue of Science , an MGH ... a tumor,s genetic mutation over time and changing susceptibility ... cells from the blood that represent those present in ...
(Date:7/10/2014)... EAST LANSING, Mich. For those students looking to ... answer may not be spending more time in a ... New Michigan State University research shows that students who ... on MSU,s campus during their freshman and sophomore years ... The research also indicated that students with memberships stayed ...
(Date:7/10/2014)... 2014) A research review identifying the clinical indicators ... step in the process of developing evidence-based guidelines for ... report published by Neurosurgery , official ... . The journal is published by Lippincott Williams ... Kluwer Health . , Based on analysis of ...
Breaking Medicine News(10 mins):Health News:Shoulder Surgery Gets NFL Players Back in the Game 2Health News:Are You Tweeting Your Marriage Away? 2Health News:Are You Tweeting Your Marriage Away? 3Health News:Cultured CTCs reveal genetic profile, potential drug susceptibility of breast cancer cells 2Health News:Cultured CTCs reveal genetic profile, potential drug susceptibility of breast cancer cells 3Health News:Want a higher GPA in college? Join a gym 2Health News:What's a concussion? Review identifies four evidence-based indicators 2Health News:What's a concussion? Review identifies four evidence-based indicators 3
... of Pennsylvania School of Medicine and Utrecht University has deciphered ... immune response. This system, called complement, comprises a network of ... invaders. It serves as a rapid defense mechanism in most ... published in the December 24 issue of Science , ...
... Reporter , MONDAY, Dec. 27 (HealthDay News) -- Marilyn Norred has ... "They saw them back then and said, ,Someday they,ll be ... in Oklahoma City, recalled. That time came this year. Norred ... right eye on May 27 and the left eye on June ...
... FRIDAY, Dec. 24 (HealthDay News) -- For years now, doctors ... a chronic autoimmune condition that can wrack the body and ... preparing for a potential major leap forward. A ... the disease was endorsed in mid-November by an advisory panel ...
... HealthDay Reporter , FRIDAY, Dec. 24 (HealthDay News) -- ... 1999. "I would wake up very stiff and achy," said ... a while to get going in the morning." Then, after ... woke up one morning and it was like I was paralyzed," ...
... Reporter , THURSDAY, Dec. 23 (HealthDay News) -- Cynthia Duggan ... needed dental braces that she hesitated to give her veterinarian ... procedure with her husband, the couple finally decided it would ... Duggan of the 9-month-old puppy, already showing potential as a ...
... , THURSDAY, Dec. 23 (HealthDay News) -- Hospital-wide patient death ... facility,s quality of care, a new study indicates. Researchers ... They found that the measures yielded both higher- and lower-than-expected ... The findings add to an ongoing debate about the ...
Cached Medicine News:Health News:Structure of key molecule in immune system provides clues for designing drugs 2Health News:Structure of key molecule in immune system provides clues for designing drugs 3Health News:Have Cataracts? Get Surgery, Woman Urges 2Health News:Lupus Treatment May Soon Take Leap Forward 2Health News:Lupus Treatment May Soon Take Leap Forward 3Health News:For California Woman, Lupus Is Life 2Health News:Doggy Dentistry Can Now Mean Braces 2Health News:Doggy Dentistry Can Now Mean Braces 3Health News:Better Methods Needed to Measure Hospital Quality: Experts 2
... SPECIFICATIONS Form: Granular, free-flowing powder EEO (-m r ): ... less than or equal to 35C Remelt Point (3%): ... greater than or equal to 300 gm/cm 2 ... than or equal to 0.10% DNase: Passes test RNase: ...
... sulfate (SO 4 ) ≤ 1000 mg/kg Cation traces: ... ≤ 5 mg/kg Cr ≤ 5 mg/kg Cu ≤ ... mg/kg Mg ≤ 50 mg/kg Mn ≤ 5 mg/kg ... ≤ 5 mg/kg Zn ≤ 5 mg/kg Special grade: ...
... ≤ 500 mg/kg sulfate (SO 4 ) ≤ 1000 ... 5 mg/kg Co ≤ 5 mg/kg Cr ≤ 10 ... K ≤ 5 mg/kg Mg ≤ 5 mg/kg Mn ... 5 mg/kg Pb ≤ 5 mg/kg Zn ≤ 5 ...
Inquire...
Medicine Products: