'For quarter ending June 2024, consolidated Net sales (including other operating income) of Laurus Labs has increased 1.11% to Rs 1194.91 crore compared to quarter ended June 2023. Operating profit margin has jumped from 14.11% to 14.33%, leading to 2.69% rise in operating profit to Rs 171.20 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 45.61% to 45.66%. Purchase of finished goods cost fell from 2.29% to 1.81%. Employee cost decreased from 13.94% to 13.89%. Other expenses rose from 23.63% to 24.97%.
Other income fell 30.28% to Rs 2.51 crore. PBIDT rose 1.99% to Rs 173.71 crore. Provision for interest rose 25.52% to Rs 49.19 crore.
PBDT fell 5.04% to Rs 124.52 crore. Provision for depreciation rose 17.13% to Rs 106.06 crore.
Profit before tax down 54.51% to Rs 18.46 crore. Provision for ...
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