Laurus Labs posts Rs 251 crore net profit in Q1FY23

2513 Imported from a malfunctioning feed
edited July 27 in Business and Finance
imageThe company attributed this to the change in the effective tax rate for Q1FY23 on account of a drop in SEZ profits exemption u/s 10AA to 50% from FY23 for 5 years. The company said it is evaluating switching over to composite rate without availing any exemptions.
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