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Hot Pursuit News

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(10 May 2024, 15:03)

Dr. Lal PathLabs spurts as Q4 PAT climbs 49% YoY to Rs 84 cr

Dr. Lal PathLabs rallied 5.43% to Rs 2,350 after the company’s consolidated net profit surged 49.03% to Rs 84.5 crore in Q4 FY24 as compared to Rs 56.7 crore recorded in Q4 FY23.


Revenue from operations grew by 11.08% to Rs 545.4 crore in the quarter ended 31 March 2024 as compared to Rs 491 crore recorded in Q4 FY23.

Profit before tax was at Rs 119.9 crore in Q4 FY24, registering a growth of 44.11% on YoY basis.

EBITDA stood at Rs 145 crore in the March quarter, up 25.1% YoY from 116 crore in Q4 FY23. EBITDA margin improved to 26.5% in Q4 FY24 as against 23.6% posted in Q4 FY23.

On full year basis, the company's net profit climbed 49.73% to Rs 357.7 crore on 10.4% rise in revenue to Rs 2,226.6 crore in FY24 over FY23.

Dr. Arvind Lal, executive chairman of Dr. Lal Pathlabs said, “Our strategic focus areas, including geographical expansion, portfolio diversification and digital transformation, are driving significant progress. By leveraging our...

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