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HomeNewsBusinessEarningsAcquisition in Bangladesh is minor, won't impact FY18 numbers: Dr Lal Pathlab

Acquisition in Bangladesh is minor, won't impact FY18 numbers: Dr Lal Pathlab

In an interview to CNBC-TV18, Doctor Om Manchanda, CEO of Dr Lal Pathlabs spoke about the results and his outlook for the company.

August 08, 2017 / 11:01 IST

Dr Lal Pathlab's Q1 earnings were boosted as margins bounced back due to seasonality and strong traction was seen in the core Delhi market.

In an interview to CNBC-TV18, Doctor Om Manchanda, CEO of Dr Lal Pathlabs spoke about the results and his outlook for the company.

Speaking about recent acquisition, he said the acquisition in Bangladesh is a minor one and it will not impact FY18 numbers.

Have seen improvement in volume performance after demonetisation, said Manchanda.

He further said that cannot estimate as to how Q2 will pan out, currently. However, competition continues to be very strong, he added.

Watch accompanying video for more details.

first published: Aug 8, 2017 11:01 am

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