24 Oct 2025 | 5 Mins Read
Laurus Labs expects 60% gross margins from CDMO operations
Flipitmoney
Laurus Labs reported above-expectation September quarter results. The management guided ₹2,500 crore ARV sales, 60% gross margins, and improved asset turnover ratio. Brokerages Jefferies, Goldman Sachs, and DAM Capital updated ratings and targets, with DAM Capital maintaining a 'Buy' rating and target of ₹1,083 per share amidst strong growth momentum and sustained gross margins.