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Laurus Labs consolidated net profit rises 169.34% in the March 2021 quarter

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Capital Market

Sales rise 68.26% to Rs 1411.93 crore

Net profit of Laurus Labs rose 169.34% to Rs 296.68 crore in the quarter ended March 2021 as against Rs 110.15 crore during the previous quarter ended March 2020. Sales rose 68.26% to Rs 1411.93 crore in the quarter ended March 2021 as against Rs 839.14 crore during the previous quarter ended March 2020.

For the full year,net profit rose 285.31% to Rs 983.58 crore in the year ended March 2021 as against Rs 255.27 crore during the previous year ended March 2020. Sales rose 69.99% to Rs 4813.51 crore in the year ended March 2021 as against Rs 2831.72 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1411.93839.14 68 4813.512831.72 70 OPM %33.4422.85 -32.2219.94 - PBDT454.80172.79 163 1506.18480.88 213 PBT401.17126.74 217 1301.11293.61 343 NP296.68110.15 169 983.58255.27 285

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First Published: Apr 29 2021 | 5:35 PM IST

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