Sunday, June 28, 2009

Matrix Labs turns corner, net profit at Rs 30 cr in FY'09

Matrix Laboratories, a subsidiary of Mylan Inc, has successfully turned the corner during the year ended March 2009 and earned a consolidated net profit of Rs 30 crore as against a huge net loss of Rs 457 crore in the previous year on account extra ordinary provision for impairment of goodwill of Rs 487 crore.

The details can be read here.

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