You are here: Home » Companies » Financial X-Ray
RIL close to acquiring Future Retail, finalises plan with lenders
Paytm Money goes live with stockbroking services on its platform
Business Standard

Margin pressures to cap upside for Dr Lal Pathlabs as Covid dents volumes

Valuations too do not leave much scope for gains

Topics
Dr Lal PathLabs | COVID-19

Ram Prasad Sahu  |  Mumbai 



Lal Pathlabs
The hit to the revenues led to significant impact on operational performance with reported operating profit falling 49 per cent over the year ago quarter.

The June quarter performance of was severely impacted by the pandemic denting volumes and revenues. After a 62 per cent fall in volumes in April, patient testing increased gradually with the fall restricted to 25 per cent in May. The company posted an increase in June of 3 per cent.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, August 04 2020. 17:31 IST

RECOMMENDED FOR YOU

.