On the firm’s Q1FY23 numbers, Om Manchanda said the diagnostics chain's legacy business was up 15% YoY
Dr Lal Pathlabs' Kolkata labs will start operation by the second half of next year and company‘s central lab will come up by September 2017.
The quarter growth has been in-line with expectations, says Om Manchanda, CEO of Dr Lal PathLabs adding that some operational expenses will be seen in the next nine months.
Elaborating on how the company planned to achieve the target, he said: "We would be adding 15 labs and around 200 collection centres, which are mainly franchise outlets during the fiscal year. The investment we will be making is between Rs 35-40 crore."
Om Manchanda, CEO, Dr Lal Pathlabs, says the company's growth of 21 percent this quarter was in line with expectation and was mainly driven by volumes.
The company has a strong presence in the north and east but sees a huge potential and opportunities to grow in south and west too said Om Manchanda, CEO, Dr Lal PathLabs.