Vimta Labs Q2 gross revenue up

Hyderabad, Oct 27 (UNI) The city-based Vimta Labs Limited posted a gross revenue of Rs 1656.37 lakh in Q2 compared to Rs 1,535 lakh in Q1 ending 30 June this year.

Profit after tax stood at Rs 344.73 lakh compared to previous quarter's figure of Rs 353.23 lakh, a company rlease said.

The commercial operations at Life Sciences Facility in Biotech Park in Genome Valley here had started and customer specific contract labs put in place.

The first contract worth 2.5 million USD for 15-month duration had been signed, it added.

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