Dr Lal PathLabs Q1 profit up 29 percent at Rs 108 cr
Dr Lal PathLabs reported a 29% increase in consolidated profit after tax, reaching Rs 108 crore for Q1 FY2024, up from Rs 84 crore last year. Revenue also grew to Rs 602 crore. The board approved an interim dividend of Rs 6 per share. Shares rose 3.17% to Rs 3,268.85 on the BSE
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Dr Lal PathLabs on Wednesday said its consolidated profit after tax increased 29 percent 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 percent up at Rs 3,268.85 apiece on the BSE.
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