Laurus Labs Results Analysis-Q1FY26

Operating Revenue for Q1FY26 is Rs. 1,570 Crs., 31.4% growth YoY (primarily driven by robust CDMO performance while growth in generic FDF partly offset by lower API business), Total Income is Rs. 1,580 Crs., 32% growth YoY, EBITDA is Rs. 389 Crs., 127% growth YoY, EBITDA Margin is 24.8% improved by 1050 Basis points YoY (due to favorable product mix, improving revenue delivery and strong operating leverage), PBT Rs. 224 Crs., 1144% growth YoY, PAT Rs. 162 Crs. 1146% growth YoY. However, On QoQ basis Op. Revenue is down by 8.7%, Total Income is down by 11.2%, EBITDA is down by 18%, PBT is down by 28.2% and PAT is down by 30.5%.