Dr Lal PathLabs Reports Robust 24% Profit Growth in June Quarter

Dr Lal PathLabs announced a significant 24% increase in consolidated profit after tax for the June quarter, reaching Rs 134 crore. This marks an improvement over Rs 108 crore during the same period last year. Revenue also saw an upward trend, as shares ended 1.65% higher on BSE.

On Thursday, Dr Lal PathLabs revealed a substantial 24% year-on-year rise in consolidated profit after tax, reaching Rs 134 crore for the June quarter.

The diagnostics company's previous profit after tax in the April-June quarter of last year was Rs 108 crore.

During the same period under review, revenue grew to Rs 620 crore, up from Rs 602 crore last year, the company confirmed in a regulatory filing. Meanwhile, shares of Dr Lal PathLabs climbed 1.65%, ending at Rs 3,149.50 apiece on the BSE.

(With inputs from agencies.)