Incorporated in 2003, Vineet Laboratories Ltd is in designing, developing, manufacturing of API Intermediates and Bulk Drugs
Vineet Laboratories' board has approved its financial results for the quarter and year ended March 31. The company turned profitable (0.13 Cr PBT) from a significant loss. Share issuance brought 29.08 Cr, boosting equity and cash to 16.70 Cr. Long-term borrowings decreased to 35.29 Cr.