Laurus Labs standalone net profit rises 39.11% in the March 2017 quarter

Sales decline 3.40% to Rs 466.65 crore

Net profit of Laurus Labs rose 39.11% to Rs 74.31 crore in the quarter ended March 2017 as against Rs 53.42 crore during the previous quarter ended March 2016. Sales declined 3.40% to Rs 466.65 crore in the quarter ended March 2017 as against Rs 483.09 crore during the previous quarter ended March 2016.

For the full year,net profit rose 40.04% to Rs 202.57 crore in the year ended March 2017 as against Rs 144.65 crore during the previous year ended March 2016. Sales rose 6.61% to Rs 1891.92 crore in the year ended March 2017 as against Rs 1774.64 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales466.65483.09 -3 1891.921774.64 7 OPM %25.4524.95 -21.9720.96 - PBDT112.8392.88 21 350.58265.34 32 PBT86.1468.09 27 247.63179.55 38 NP74.3153.42 39 202.57144.65 40

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