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Laurus Labs reports 43% fall in Q3 consolidated net profit

27 Jan 2022 Evaluate

Laurus Labs has reported results for third quarter ended December 31, 2021.

The company has reported fall of 59.11% in its net profit at Rs 109.16 crore for the quarter under review as compared to Rs 266.96 crore for the same quarter in the previous year. Total income of the company decreased by 26.63% at Rs 939.77 crore for Q3FY22 as compared Rs 1280.81 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 43.20% in its net profit at Rs 154.97 crore for the quarter under review as compared to Rs 272.85 crore for the same quarter in the previous year. Total income of the company decreased by 20.17% at Rs 1034.09 crore for Q3FY22 as compared Rs 1295.35 crore for the corresponding quarter previous year.

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