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Dr Lal PathLabs shares surge over 10% after Q4 results

Press Trust of India  |  New Delhi 

Shares of diagnostic chain today soared 10.5 per cent after the company reported 27.21 per cent rise in consolidated net profit for the quarter ended March 31.

The stock surged 10.06 per cent to end at Rs 887.20 on BSE. During the day, it jumped 15.44 per cent to Rs 930.60 -- its 52-week high.

At NSE, shares of the company advanced by 10.51 per cent to close at Rs 892.

yesterday reported 27.21 per cent rise in consolidated net profit to Rs 40.2 crore for the quarter ended March 31.

The company had posted a net profit of Rs 31.6 crore during January-March, 2016-17, said in a filing to BSE.

Consolidated operating revenue rose to Rs 266.8 crore for the quarter under review. It was Rs 219.9 crore for the same period a year ago.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 16:45 IST
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