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Laurus Labs reports over 4-fold jump in Q3 consolidated net profit

31 Jan 2020 Evaluate

Laurus Labs has reported results for third quarter ended December 31, 2019.

The company has reported over 4-fold jump in its net profit at Rs 77.95 crore for the quarter under review as compared to Rs 17.48 crore for the same quarter in the previous year. Total income of the company increased by 40.60% at Rs 722.96 crore for Q3FY20 as compared Rs 514.19 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 73.48 crore for the quarter under review as compared to Rs 17.82 crore for the same quarter in the previous year. Total income of the company increased by 37.79% at Rs 731.51 crore for Q3FY20 as compared Rs 530.87 crore for the corresponding quarter previous year.


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