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Laurus Labs reports 5% rise in Q1 consolidated net profit

28 Jul 2022 Evaluate

Laurus Labs has reported results for first quarter ended June 30, 2022.

The company has reported 4.29% rise in its net profit at Rs 231.61 crore for the quarter under review as compared to Rs 222.08 crore for the same quarter in the previous year. Total income of the company increased by 21.98% at Rs 1498.18 crore for Q1FY23 as compared Rs 1228.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 4.52% in its net profit at Rs 252.54 crore for the quarter under review as compared to Rs 241.61 crore for the same quarter in the previous year. Total income of the company increased by 19.96% at Rs 1540.69 crore for Q1FY23 as compared Rs 1284.35 crore for the corresponding quarter previous year.

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