Laurus Labs Q3 net profit zooms to ₹273 cr
January 28, 2021
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Laurus Labs Ltd posted a record increase in net profit at ₹273 crore in the third quarter ended December 2020 compared to ₹73 crore in the same period in the previous fiscal.
The company’s revenue grew by 76 per cent at ₹1,288 crore as against ₹730 crore in the year-ago period.
“Our Consolidated revenue for the quarter increased by 76 pc driven by growth in all the divisions. we have been able to sustain our EBITDA margins, and our profitability has also improved to ₹273 crs for the quarter
,'' Satyanarayana Chava, Founder & CEO, Laurus Labs said in a release on Thursday.