Dr Lal PathLabs Q3 Results: Net profit drops 6%, revenue up 11%

Dr Lal PathLabs on Friday, January 30, reported a mixed set of numbers for the December quarter.

Net profit fell 6.4% year-on-year to ₹90.5 crore in Q3, compared with ₹96.7 crore in the same period last year.

Revenue, however, rose 10.8% to ₹660 crore from ₹595.7 crore.



Operating performance remained strong during the quarter, with EBITDA climbing 17.3% year-on-year to ₹179 crore from ₹152.7 crore.

As a result, EBITDA margin expanded to 27.1%, compared with 25.6% a year ago.

Following the earnings announcement, shares of Dr Lal PathLabs Ltd. were trading 0.13% higher at ₹

1,397.