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India's Laurus Labs posts 32% profit jump on demand for drug ingredients

Business Standard LogoBusiness Standard1 mo ago

India's Laurus Labs posts 32% profit jump on demand for drug ingredients - Business Standard

Quick Summary:

India's Laurus Labs Ltd reported a 32.

The company's consolidated profit rose to 2.03 billion rupees (nearly $25 million) in the three months ended Dec.31, from 1.54 billion rupees a year earlier.

While the Synthesis business manufacturers chemical substances used to make drugs, APIs are key biologically active elements in a drug that help with the desired health effects.


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Article Details

Author / Journalist: Reuters

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-30 @ 13:44:00 (1 months ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 311 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 4963293

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 269 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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