Friday, Apr 19 2024 | Time 11:18 Hrs(IST)
image
Business EconomyPosted at: Oct 29 2020 11:02PM


Laurus Labs’ Q2 net jumps manifold to Rs 242 crore in Q2 FY21

Hyderabad, Oct 29 (UNI) Hyderabad-based Laurus Labs Ltd net profit for the second quarter ended September 30,2020, increased multiple times at Rs 242 crore against Rs 57 crore in the corresponding period in the previous year.
The total revenue of the company increased 60 per cent at Rs 1,139 crore as against Rs 712 crore in the corresponding quarter of the previous year.
Generic API division showcased a healthy growth of 22 per cent Y-o-Y while the anti-viral segment recorded growth of 20 per cent Y-O-Y, the company said in a statement here.
Generic FDF revenue showcased a robust growth of 183 per cent Y-o-Y and this segment contributed 38 per cent in H1 FY21 to total revenue as against just 2 per cent in FY 19, the statement added.
UNI KNR SHK2302
Please log in to get detailed story.
Tags: #Laurus Labs’ Q2 net jumps manifold to Rs 242 crore in Q2 FY21
More News

USD up ; Euro,Pound down

19 Apr 2024 | 10:08 AM

Mumbai, Apr 19 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

Severe coal crisis: RINL to call for global tenders to procure 1 50L tons coal

18 Apr 2024 | 7:29 PM

Visakhapatnam (Andhra Pradesh), Apr 18 (UNI) In the backdrop of severe Coal crisis due to the ongoing strike at Adani Gangavaram Port Limited (AGPL),Rashtriya Ispat Nigam Limited (RINL) - Visakhapatnam Steel Plant (VSP), has embarked on a relentless mission to secure the crucial raw material of coal, which is essential for its safe and sustained operations.

see more..

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..
image