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Neuland Labs Reports Second Quarter Fiscal Year 2013 Financial Results
Date:11/9/2012

st sales dip in the second quarter.  While the increase in sales in the first half was partly the result of the strengthening of the US dollar against the rupee, the increased margins we are achieving are primarily due to our success in making our key API products more profitable by implementing ongoing process improvements."

For a complete set of Neuland's FY 2013 and FY 2012 financial data, visit http://neulandlabs.com/about/financials.html.Neuland Laboratories is listed on India's National Stock Exchange under the symbol NEULANDLAB and on the Bombay Stock Exchange under code 524558 and the symbol Neuland.EO.* = Indian rupees

About Neuland Labs
For over 25 years Neuland Labs has been at the forefront of supporting drug development through its consulting services and its cGMP contract and API manufacturing, working with customers in over 100 countries. The company is committed to research, supporting a state-of-the-art R&D operation.  Neuland Labs scientists have developed more than 300 processes from bench scale to commercial production, developed over 60 APIs, and filed more than 40 US drug master files, 10 EU CEPs and a total of more than 400 DMFs worldwide. Its manufacturing facilities are inspected and approved by the FDA and other leading regulatory agencies. Its record of quality manufacturing and reliability is highlighted by cGMP certifications that include the FDA, TGA, EDQM, German Health Authority, ISO 14001, ISO 27001 and OHSAS 18001. For more information, visit www.NeulandLabs.com.Contacts:Neuland Laboratories Ltd. US MediaNS Viswanathan BLL Partners/Brandwidth SolutionsVice President- Finance Barbara Lindheim+91 40 30211600+1 212 584-2276nsviswanathan@neulandlabs.com blindheim@bllbiopartners.com


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