India's Neuland Laboratories hits record high on upbeat quarterly profit

Neuland Laboratories

10/11/2025 04:41

** Shares of Neuland Laboratories Ltd NEUL.NS rise as much as 10.7% to a record high of 19,747 rupees
** Co reported a near threefold y/y jump in its second-quarter consol profit, rev grew 65.4%
** Co's Q2 EBITDA margin at 30.40%, up from 20.8% last year
** Improvement in EBITDA margins reflects operating leverage, and we expect this momentum to continue through th rest of the year, co says
** More than 273,000 shares traded, 6x their 30-day moving avg
** NEUL last up 3.1%, adding to YTD gains of 30%

 (Reporting by Meenakshi Maidas in Bengaluru)

 ((meenakshi.maidas@thomsonreuters.com;))