Hyderabad, Jan 31 (PTI) Laurus Labs Ltd Thursday said its profit after tax for the quarter ended on December 31 was down by 49 per cent to Rs 17.8 crore against Rs 34.9 crore during the same quarter last fiscal.Also Read - Breaking: Kusal Mendis Taken Of The Field Due To Massive Chest Pain; Hospitalised
According to a press release issued by the drug maker, revenues from operations stood at Rs 529.5 crore up 10.6 per cent. Also Read - Rakhi Sawant Gets Engaged to Boyfriend Adil, Reveals Ex-Girlfriend Warns to Stay Away
The same was Rs 478.9 crore in Q3 FY18. Also Read - Vastu Tips For Money: 5 Mistakes To Avoid While Calculating Notes
CEO of Laurus Labs, Satyanarayana Chava said, “We delivered healthy revenue growth of 11 per cent this quarter and for 9M FY19, driven by growth in our Synthesis, and Generic API portfolio.”
This is published unedited from the PTI feed.