Laurus Labs Q3 Results 2025:Laurus Labs declared their Q3 results on 24 Jan, 2025, showcasing a remarkable performance with revenue increasing by 18.42% year-on-year, reaching ₹1415.05 crore. The profit surged significantly by 298.88% year-on-year, amounting to ₹92.3 crore. Compared to the previous quarter, revenue grew by 15.64%, while profit saw a staggering increase of 365.22%.
However, the company’s selling, general and administrative expenses rose by 5.82% quarter-on-quarter and increased by 22.04% year-on-year, which may be a point of concern for investors looking at the overall profitability.
In addition to strong revenue and profit figures, Laurus Labs reported an impressive operating income growth of 152.84% quarter-on-quarter and an increase of 115.71% year-on-year. The earnings per share (EPS) for Q3 stood at ₹1.71, reflecting a remarkable increase of 297.67% year-on-year.
Laurus Labs has delivered a 4.9% return in the last week, a notable 34.87% return in the last six months, though it has seen a -2.91% return year-to-date.
Currently, Laurus Labs boasts a market capitalization of ₹31,554.36 crore, with a 52-week high of ₹619.4 and a low of ₹360.85.
As of 25 Jan, 2025, analysts show a mixed sentiment towards the stock. Out of 11 analysts covering Laurus Labs, 4 have issued a Strong Sell rating, 2 have recommended Sell, 1 has suggested Hold, while 3 analysts have given Buy ratings, and 1 analyst has rated it as Strong Buy.
The consensus recommendation as of 25 Jan, 2025, is to Sell, indicating caution among market experts despite the strong quarterly results.
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.
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