Laurus Labs Shares Climb 4% After Q2 Profit Zooms 126% YoY
5 Articles
5 Articles
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while net profit more than doubled to Rs 441 crore. Growth was supported by sustained momentum in its CDMO business and Affordable Medicines division, alongside improving margins and continued investments in manufacturing capabilities.
Laurus Labs Q2 results: Net profit jumps 126% on CDMO surge; buys Canadian firm to deepen oligonucleotide play
The Hyderabad-based drugmaker reported consolidated net profit of Rs 441 crore, up 126 percent from the year-ago period. Revenue rose 33 percent to Rs 2,206 crore
Laurus Labs hits 52-week high on reporting over two-fold jump in Q2 consolidated net profit
Mumbai, October 30 (Udaipur Kiran): Laurus Labs is currently trading at Rs. 2370.20, up by 125.20 points or 5.58% from its previous closing of Rs. 2245.00 on the… Laurus Labs hits 52-week high on reporting over two-fold jump in Q2 consolidated net profit
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