Zydus Lifesciences (ZYDUSLIFE) shares scaled a record high in a special trading session on Saturday, May 18, after the drug maker reported a set of earnings that exceeded analysts' expectations. Around 11:45 am, the stock of Ahmedabad-headquartered Zydus Lifesciences was locked in the five per cent upper circuit at Rs 1,104.5 apiece on BSE. 

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Minutes after the closing bell on Dalal Street on Friday, Zydus Lifesciences reported a nearly four times year-on-year jump in net profit to Rs 1,182 crore for the January-March period. 

Its quarterly margin improved by 440 basis points to 29.5 per cent, according to a regulatory filing.  

According to Zee Business research, Zydus Lifesciences' March-quarter net profit was estimated at Rs 920 crore and margin at 28.6 per cent. 

(This story will be updated shortly) 

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