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Matrix Lab sales up

HYDERABAD: Matrix Laboratories has reported a 28 per cent growth in sales at Rs. 163 crores and a 32 per cent growth in net profit at Rs. 40 crores for the first quarter ended June. Exports contributed 56 per cent of sales. N. Prasad, Chairman and CEO, said the company was on track to file at least 18 DMFs during this year. The board of directors in principle decided to introduce employee stock option scheme.

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