Dr Lal PathLabs records revenue of Rs 2,295.8 crore in FY24

New Delhi: Dr Lal Path Labs has reported consolidated financial results for the period ended March 31, 2024.

Dr. Lal Path Labs has posted net profit of Rs 84.5 crores for the period ended March 31, 2024 as against net profit of Rs 56.7 crores for the period ended March 31, 2023.

The company had posted net profit of Rs 81.3 crores for the period ended December 31, 2023.

Dr. Lal Path Labs has reported total income of Rs 563.8 crores during the period ended March 31, 2024 as compared to Rs 557.2 crores during the period ended December 31, 2023. The company reported total income Rs 505.2 crores during the period ended March 31, 2023.

For the Financial Year ended March 31, 2024, Dr Lal Path Labs has reported total income of Rs 2,295.8 crores as compared to Rs 2,058.6 crores during the Financial Year ended March 31, 2023.

The company has posted net profit of Rs 357.7 crores for the Financial Year ended March 31, 2024 as against net profit of Rs 238.9 crores for the Financial Year ended March 31, 2023.

The company also announced a dividend of ₹6 per equity share. “Recommendation of final dividend of INR 6/- per equity share (@ 60% on a face value of INR 10/- each) for the financial year ended March 31, 2024 subject to approval of the Shareholders at ensuing Annual General Meeting (“AGM”) of the Company.”

The record date for the purpose of payment of final dividend shall be June 10, 2024.