Dr Lal PathLabs Q3 net profit up 19% to Rs 54.9 crore

Diagnostic services provider Dr Lal PathLabs on Monday reported a 19.08 per cent increase in consolidated net profit at Rs 54.9 crore for the quarter ended December 31. The company had posted a net profit of Rs 46.1 crore in the corresponding period of the previous fiscal, Dr Lal PathLabs said in a filing to the BSE.

Its revenue from operations rose to Rs 327.9 crore during the quarter under review as against Rs 292.5 crore in the year-ago period.

Shares of Dr Lal PathLabs on Monday closed 2.78 per cent lower at Rs 1,720.20 per scrip on the BSE.