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HomeMarket NewsLaurus Labs Q4 Results: Other income aids profit, margins above 20% for second straight quarter
EBITDA margin for the quarter expanded by nearly 800 basis points to 24.5% from 16.7% last year. This is also the second straight quarter that the company's margins have stayed above the 20% mark.
By Hormaz Fatakia April 24, 2025, 3:09:52 PM IST (Published)
Laurus Labs Ltd. reported results for the January-March quarter that were either in-line or higher than expectations.
Net profit for the quarter increased to ₹233.6 crore from ₹75.6 crore last year. The figure was also higher than the CNBC-TV18 poll figure of ₹185.4 crore. However, the profit was aided by a 3x jump in its other income, which grew to ₹58.6 crore from ₹18.5 crore last year.
The company's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 74% year-on-year to ₹419 crore, marginally higher than the ₹398 crore estimate.
EBITDA margin for the quarter expanded by nearly 800 basis points to 24.5% from 16.7% last year. This is also the second straight quarter that the company's margins have stayed above the 20% mark.
Shares of Laurus Labs are currently fluctuating between gains and losses, down 0.45% at ₹648, which is close to its 52-week high of ₹660.
This is a developing story.
