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Laurus Labs has posted Rs 74 crore net profit for Q4

Laurus Laboratories has posted 39 percent increase in the net profit to Rs 74 crore in the fourth quarter ended March.

Total revenues of the company has been increased 3.4 percent to Rs 466.6 crore during the quarter whereas EBITDA grew 5 percent to Rs 127.4 crore.

Laurus has raised about Rs 300 crore for repaying term loans and for general corporate purposes.

According to the company Rs 226.3 crore debt has been repaid by it halving the finance cost to Rs 15 crore on sequential basis.

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