Dr. Lal PathLabs posts 15% QoQ PAT growth
DSIJ Intelligence / 09 Nov 2017
Total sales for this quarter, Q2FY18, came in at Rs. 278 crore. This represents a 11.51 per cent sequential increase and 6.03 per cent YoY increase.
Dr. Lal Pathlabs Limited reported results for the quarter ended September 30, 2017 during market hours on Thursday.
Total sales for this quarter, Q2FY18, came in at Rs. 278 crore. This represents a 11.51 per cent sequential increase and 6.03 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 71 crore and the EBIT margin stood at 25.54 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 50.9 crore which represents a sequential QoQ increase of 15 per cent and a YoY decline of 3.96 per cent.
The stock of Dr. Lal PathLabs opened for trading at Rs. 800 per share on the BSE, and has risen by 1.04 per cent after the results were declared and at 14:41 hours was quoting at Rs. 811 per share.
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