Vimta Labs Limited Reports Earnings Results for the Third Quarter Ended December 31, 2019
January 30, 2020 at 08:32 am EST
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Vimta Labs Limited announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was INR 523.18 million compared to INR 507.06 million a year ago. Net income was INR 47.12 million compared to INR 51.17 million a year ago. Basic earnings per share was INR 2.13 compared to INR 2.32 a year ago. For the nine months, total revenue was INR 1,387.86 million compared to INR 1,608.07 million a year ago. Net income was INR 67.85 million compared to INR 185.43 million a year ago. Basic earnings per share was INR 3.07 compared to INR 8.39 a year ago.
Vimta Labs Limited is engaged in the business of contract research and testing organization. The Company is engaged in providing a range of services to biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, medical device, power, cement, oil and gas, ores and minerals, infrastructure and many other industries, government organizations as well as other industry participants. Its services include Drug discovery, development, and drug life cycle management support services; Preclinical research and testing services for medical device companies; Contract research and testing for agrochemical and specialty chemical companies; and Food testing and analytical development services to support manufacturers, processors, farmers, and retailers; Clinical diagnostics services to patients, clinicians, and hospitals, and environmental regulatory services such as impact assessments and post project monitoring, to various industries, such as power and infrastructure.
VIMTA LABS LIMITED 
