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Laurus Labs hits ₹901 on strong Q1 results, new plant to add jobs
short by / on Tuesday, 29 July, 2025
Laurus Labs surged 7.6% to a 52-week high of ₹901.5 after Q1 FY26 profit jumped 1,154% YoY to ₹163 crore. Revenue rose 31% to ₹1,570 crore, and EBITDA grew 127% with margins at 24.8%. Andhra Pradesh allotted 531.77 acres for a ₹5,630 crore plant that will create 6,350 jobs over three phases in eight years.