Navigation Links
Neuland Labs Reports First Quarter Fiscal Year 2014 Financial Results
Date:8/2/2013

HYDERABAD, India, Aug. 2, 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 first quarter of fiscal year (FY) 2014, ended June 30, 2013.

"Neuland reported continued progress on our campaign to reduce costs and increase profitability in the first quarter," said Dr. D.R. Rao, Chairman and Managing Director of Neuland Labs. "Our focus on better managing our costs of production and overall expenses resulted in profits that were treble those reported in the comparable quarter of last year, despite the challenges posed by the continued weakness in the Indian rupee."

Revenues for the first quarter of FY 2014 were $20.27 million (1.21 billion INR*) compared to revenues in the first quarter of FY 2013 of $21.15 million (1.27 billion INR), a decrease of 4%.

Neuland reported EBITDA of $3.44 million (206.0 million INR) in the first quarter of FY 2014, compared to EBITDA of $2.60 million (155.71 million INR) in the comparable period in FY 2013, an increase of 32%.

After-tax profits in the first quarter of FY 2014 were $1.31 million (78.11 million INR), compared to after-tax profits of $0.51 million (30.8 million INR) in the first quarter of FY 2013, an increase of 157%.

"Neuland is also making progress on our strategic objective of strengthening our product mix," noted Sucheth R. Davuluri, Chief Executive Officer of Neuland Labs. "We increased product sales more than 10% from the last quarter, and importantly, this growth was concentrated
'/>"/>

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

Page: 1 2 3

Related medicine technology :

1. Neuland Labs Reports Financial Results For Fiscal Year 2013
2. Neuland Labs Strengthens Commitment to Japanese Market With New Manufacturing Collaboration With Mitsubishi Healthcare Unit API Corporation
3. Neuland Labs Reports Second Quarter Fiscal Year 2013 Financial Results
4. Neuland Labs Reports First Quarter Fiscal Year 2013 Financial Results
5. Neuland Labs Reports Financial Results For Fiscal Year 2012
6. IRIDEX Reports 2013 Second Quarter Results; $9.2 Million Record Q2 Revenue
7. Uroplasty Reports Fiscal First Quarter 2014 Financial Results
8. Cardium Reports On New Excellagen Distribution Agreement With AvKARE For Veterans Hospitals And Other Governmental Medical Facilities
9. Optimer Reports Second Quarter 2013 Financial Results
10. Arena Pharmaceuticals Provides Corporate Update and Reports Second Quarter 2013 Financial Results
11. Mylan Reports a 13% Increase in Second Quarter 2013 Adjusted Diluted EPS to $0.68
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... MELVILLE, N.Y. , Aug. 21, 2014  Henry Schein, ... of health care products and services to office-based dental, animal ... present at two investor conferences in September: , ... New York , NY at 12:50 p.m. ET ... Healthcare Conference in New York , NY at ...
(Date:8/21/2014)... CVS Caremark Corporation (NYSE: CVS ) ... consideration payable in connection with its previously announced cash tender ... (1) any and all of its 6.250% Senior Notes due ... a maximum amount of its 6.125% Senior Notes due 2039, ... 2017 (collectively, the "Maximum Tender Offer Notes" and together with ...
(Date:8/21/2014)... 2014   Royal Philips (NYSE: ... has received 510(k) clearance from the U.S. Food ... application for Transcatheter Aortic-Valve Implantation (TAVI) treatments. Through ... with pre-procedural, high-precision positioning to treat aortic stenosis ... is available as part of Philips IntelliSpace ...
Breaking Medicine Technology:Henry Schein To Present At Two Investor Conferences In September 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 2CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 3CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 4CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 5CVS Caremark Corporation Announces Early Results of Tender Offers, Pricing, Election of Early Settlement and Increase in the Maximum Tender Offer Amount 6Philips receives FDA 510(k) Clearance for TAVI Precision Treatment Planning Application 2Philips receives FDA 510(k) Clearance for TAVI Precision Treatment Planning Application 3
... leading health care supply contracting company, announced today the ... its portfolio of agreements for Cardiac Rhythm Management products. ... provider of medical devices which treat cardiac, neurological and ... of arrhythmia management products, including pacemakers, implantable cardioverter defibrillators ...
... Inc. (NASDAQ: PCRX ), an emerging specialty pharmaceutical ... to present at the BioCentury Future Leaders in the Biotech ... EDT being held at the Millennium Broadway Hotel & Conference ... present an overview of the company. A ...
Cached Medicine Technology:Novation Announces the Addition of St. Jude Medical to the Cardiac Rhythm Management Products Portfolio 2Pacira Pharmaceuticals to Present at BioCentury Future Leaders in the Biotech Industry Conference 2
(Date:8/21/2014)... many people, finding motivation to exercise is a challenge. Thankfully, ... approach of Zombies, Run!one of more than 31,000 health and ... growing number of apps that use games to increase physical ... fitness app makers looking to cash in to help people ... exercise remains to be seen. , "It,s just been assumed ...
(Date:8/21/2014)... University of Texas MD Anderson Cancer Center today announced ... specialized breast screening at a network of community breast ... in late November, MD Anderson will become the exclusive ... Memorial Hermann,s 10 breast care centers, located in Memorial ... Over time, the network will expand to Memorial Hermann,s ...
(Date:8/21/2014)... News) -- Black mothers are less likely than white ... reason why: Hospitals in neighborhoods with many black residents ... with more white residents, a U.S. government study finds. ... common in medical centers where the black population is ... Disease Control and Prevention reported Thursday. These practices ...
(Date:8/21/2014)... Dennis Thompson HealthDay Reporter ... A combination of therapy and antidepressants appears to best ... study reports. Four out of five people suffering ... full recovery when treated with cognitive therapy plus antidepressant ... combination didn,t work much better than drugs alone in ...
(Date:8/21/2014)... Seattle, WA chiropractors Dr. Lincoln ... Chiropractic and Massage Center have recently welcomed two ... Rina Lang, LMP and Mike Larios, LMP have specialized ... techniques, and have developed their expertise working in a ... important in a clinical environment where massage is used ...
Breaking Medicine News(10 mins):Health News:Playing hunger games: Are gamified health apps putting odds in your favor? 2Health News:MD Anderson and Memorial Hermann to operate breast screening network across Houston area 2Health News:Racial Disparities in Breast-Feeding May Start With Hospitals, Study Suggests 2Health News:Talk Therapy Plus Meds May Be Best for Severe Depression 2Health News:Talk Therapy Plus Meds May Be Best for Severe Depression 3Health News:Seattle’s Eastlake Chiropractic and Massage Center Is Pleased to Introduce Rina Lang and Mike Larios as New Members of Its Massage Therapy Team 2Health News:Seattle’s Eastlake Chiropractic and Massage Center Is Pleased to Introduce Rina Lang and Mike Larios as New Members of Its Massage Therapy Team 3
... , , STEWARTVILLE, Minn., July ... results for its third quarter ended June 30, 2009. , , ... $8,241,000 for the third quarter of last year. The Company also reported ... to net income of $312,000 or $.02 per diluted share for the same ...
... July 30 An estimated 700,100 residents in Nebraska could lose ... bill, according to state-specific analysis of The American Affordable ... The Heritage Foundation . , , ... a highly respected health care policy and management consulting firm, to ...
... , WASHINGTON, JULY 30 An estimated 4.1 million residents ... House health reform bill, according to state-specific analysis of The ... by The Heritage Foundation . , , ... highly respected health care policy and management consulting firm, to examine the ...
... , , UNION CITY, Calif., ... company manufacturing point-of-care blood analysis systems, today reported financial results for the first ... Record quarterly highlights include: , , Revenues of $29.6 ... Veterinary market sales of $21.8 million, up 31% over last year,s comparable quarter. ...
... Study shows they,re at increased risk of psychological distress ... Cancer survivors are more likely than their healthy peers ... depression, even a decade after treatment ends, new research ... time of diagnosis, unmarried, had less than a high ...
... State Influentials Gather to Discuss the Rising Cost ... , PHILADELPHIA, July 30 Teva Pharmaceuticals USA, the ... series of roundtable discussions focused on increasing access to healthcare and ... The event was held as a part of the company,s ...
Cached Medicine News:Health News:Rochester Medical Reports Third Quarter Results 2Health News:Rochester Medical Reports Third Quarter Results 3Health News:Rochester Medical Reports Third Quarter Results 4Health News:Rochester Medical Reports Third Quarter Results 5Health News:Rochester Medical Reports Third Quarter Results 6Health News:Rochester Medical Reports Third Quarter Results 7Health News:Rochester Medical Reports Third Quarter Results 8Health News:Rochester Medical Reports Third Quarter Results 9Health News:Rochester Medical Reports Third Quarter Results 10Health News:Rochester Medical Reports Third Quarter Results 11Health News:Thousands of Nebraskans Could Lose Private Insurance, Study Shows 2Health News:Millions of Pennsylvanians Could Lose Private Insurance, Study Shows 2Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 2Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 3Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 4Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 5Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 6Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 7Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 8Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 9Health News:Abaxis Reports Record Financial Performance for the First Quarter of Fiscal 2010 10Health News:Cancer Survivors Face Tough Road Long After Treatment Ends 2Health News:Cancer Survivors Face Tough Road Long After Treatment Ends 3Health News:Teva's Forum Draws Key Pennsylvania Healthcare Leaders 2
Tongs...
Bipolar forceps...
... Noise Reduction (ANR)technology, internal to the ... of distracting room,noise, greatly enhancing overall ... different from electronic filtering, which may ... body sounds clinicians need to hear.,Because ...
... INFORM HPV allows the pathologist to visualize ... HPV allows testing on a choice of sample ... ,INFORM HPV cocktails utilize proprietary probe formulations. The ... HPV genotypes 16, 18, 31, 33, 35, 39, ...
Medicine Products: