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02-Feb-2024

Dr Lal Pathlabs

OPM jumped 300 bps


'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Dr Lal Pathlabs has increased 10.11% to Rs 538.9 crore compared to quarter ended Dec 2022.  Operating profit margin has jumped from 23.09% to 26.09%, leading to 24.42% rise in operating profit to Rs 140.60 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 22.66% to 19.86%.   Employee cost increased from 19.68% to 20.23%.   Other expenses fell from 34.57% to 33.83%.   Selling and administration expenses rose from 14.16% to 14.42%.   

Other income rose 74.29% to Rs 18.3 crore.  PBIDT rose 28.66% to Rs 158.9 crore.  Provision for interest fell 23.08% to Rs 7 crore.  

PBDT rose 32.78% to Rs 151.9 crore.  Provision for depreciation fell 5.01% to Rs 36 crore.  

Profit before tax grew 51.50% to Rs 115.90 crore.  Shar...



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