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 - SNAP 2020 Result LIVE NOW for MBA Entrance Exam, Download SNAP Scorecard at snaptest.org

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 - China Warms Up To Joe Biden, Asks Him To Bring Bilateral Ties Back on Right Track

The same was Rs 478.9 crore in Q3 FY18. Also Read - Domestic Flights: Centre Plans to Allow Airlines to Start Services at 100% Capacity Soon

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.