Net profit of Laurus Labs declined 46.31% to Rs 19.84 crore in the quarter ended September 2024 as against Rs 36.95 crore during the previous quarter ended September 2023. Sales declined 0.06% to Rs 1223.70 crore in the quarter ended September 2024 as against Rs 1224.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1223.701224.45 0 OPM %14.5715.34 - PBDT130.32147.26 -12 PBT22.8153.89 -58 NP19.8436.95 -46 Powered by Capital Market - Live News

Laurus Labs has fixed 06 November 2024 as record date for interim dividend of Rs 0.40 per share for FY 2024-25. Powered by Capital Market - Live News

Laurus Labs will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live News

Laurus Labs announced the inauguration of its state of the art new R&D center at IKP Knowledge Park, Plot No DS15, Kolthur Shamirpet Medchal Telangana. Key highlights:- Total investment incurred for setting up the new R&D Rs 250 crore - 2,00,000 Square foot facility equipped with modern laboratories and infrastructure- R&D Center to support the CDMO business of Laurus Labs- Will provide job opportunities to over 800 peoplePowered by Capital Market - Live News

The Board of Laurus Labs at its meeting held on Ramesh Subrahmanian (DIN: 02933019) as an Additional Director in the capacity of Independent Director of the Company with effect from 25 July 2024 for a tenure of 5 years, , subject to approval of the shareholders.Powered by Capital Market - Live News