India's Dr Lal PathLabs jumps on Q4 profit beat

Dr. Lal PathLabs

25/04/2025 10:59

** Shares of diagnostic services provider Dr Lal PathLabs DLPA.NS rise 4% to 2,900 rupees

** Co's fourth-quarter net profit jumps 83.2% y/y to 1.55 billion rupees (about $18 million), beating avg estimate of 1.02 billion rupees, per data compiled by LSEG

** DLPA sees strong demand for bundled test offerings, amid rising health and wellness awareness in India

** DLPA's quarterly revenue rises 10.5% y/y to 6.03 bln rupees, led by 9.5% y/y rise in sample volume

** Stock sees fifth straight session of gains

** Including session's gains, DLPA up 25.5% in the last 12 months

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))