Dr Lal PathLabs Q1 Profit Soars 29% to Rs 108 cr
Aug 07, 2024 17:56
Dr Lal PathLabs reported a 29% jump in consolidated profit after tax to Rs 108 crore for Q1 FY25, driven by revenue growth. The company also announced an interim dividend of Rs 6 per share.
New Delhi, Aug 7 (PTI) Dr Lal PathLabs on Wednesday said its consolidated profit after tax increased 29 per cent to Rs 108 crore for the first quarter ending June 30, 2024.
The company had reported a profit after tax of Rs 84 crore in the April-June quarter of the last fiscal.
Revenue rose to Rs 602 crore for the period under review as compared to Rs 541 crore in the June quarter of last fiscal, Dr Lal PathLabs said in a statement.
The company said its board has approved an interim dividend of Rs 6 per share for 2024-25.
Shares of the company on Wednesday ended 3.17 per cent up at Rs 3,268.85 apiece on the BSE.
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