Laurus Labs’ revenue for the quarter ended September declined 22.3% YoY to Rs 1,224 crore in Q2FY24. The company’s earnings before interest, taxes, depreciation and amortization dropped 58% YoY to Rs 188 crore, from Rs 448.9 crore in the year-ago period. The EBITDA margin was at 15.3% in Q2FY24 against 28.5% in the year-ago period.
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