Neuland Laboratories Limited — Others, 15-05-2025: Change in Auditors
15-05-2025 | 04:46 pm
15-05-2025 | 04:46 pm
Neuland Laboratories has announced a board meeting outcome approving the audited consolidated and standalone financial results for the year ended March 31, 2025, showing a profit before tax of ₹346.32 Cr consolidated and ₹345.37 Cr standalone. Exceptional gains of ₹76.40 Cr resulted from the full transfer of an investment property via a perpetual lease. Net profit was ₹260.11 Cr consolidated and ₹259.43 Cr standalone. The board approved a final dividend of ₹12 per share and reappointment of Mr. Davuluri Saharsh Rao as Vice Chairman & Managing Director for five years, subject to shareholder approval. M/s P.S. Rao & Associates were appointed as Secretarial Auditors for five years, reflecting steady performance and leadership continuity.
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