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Dr Lal Path Labs Q2 net profit dips 4 percent at Rs 50.9 crore


Dr Lal Path Labs Q2 net profit dips 4 percent at Rs 50.9 crore

New Delhi: Diagnostic chain Dr. Lal Path Labs reported a 3.96 percent dip in its consolidated net profit to Rs 50.9 crore for the September quarter of the current fiscal.

The company had posted a net profit of Rs 53 crore for the corresponding period of the previous fiscal, Dr. Lal PathLabs said in a BSE filing.

Consolidated revenue from operations of the company rose to Rs 278.1 crore for the quarter under consideration as against Rs 262.2 crore for the same period a year ago.

The board of the company has recommended an interim dividend of Rs 1.50 per equity share of Rs 10 each, Dr. Lal PathLabs said.

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Ruby Khatun

Ruby Khatun

Ruby Khatun joined Medical Dialogue as Reporter in 2016. She covers all the business news in different categories. She also covers all the updates in Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She is a post graduate from Jamia Hamdard. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751


Source: PTI
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