← Back to feedRead original →
VERIFIEDET Stocks·positive
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
AI Summary
- ·Laurus Labs reported a 126% jump in net profit for Q1FY27.
- ·Revenue increased by 29% year-on-year, driven by strong CDMO business growth.
- ·The company also experienced margin expansion and reaffirmed its capex plans.