Divi’s Labs Q2 net profit rises 17pc to Rs 606 crore

Hyderabad: Hyderabad-based pharmaceuticals company Divi’s Laboratories reported a 16.71 per cent jump in its net profit to Rs 606.46 crore for the quarter ended September 30, 2021. The company had posted a net profit of Rs 519.59 crore for the corresponding period of the previous fiscal. Divi’s Labs reported a total income during the Q2FY22 […]

Hyderabad: Hyderabad-based pharmaceuticals company Divi’s Laboratories reported a 16.71 per cent jump in its net profit to Rs 606.46 crore for the quarter ended September 30, 2021.

The company had posted a net profit of Rs 519.59 crore for the corresponding period of the previous fiscal.

Divi’s Labs reported a total income during the Q2FY22 at Rs 2,006.62 crore as against Rs 1,762.94 in the corresponding period last year.

For the half-year ended 30th September, 2021, the company earned a consolidated total income of Rs 3,996 crore as against Rs 3,506 crore during the previous half-year. Profit after the tax for the current half-year came to Rs 1,164 crore as against Rs 1,012 crore for the previous half-year.

The company said in a filing to the BSE that the company has not experienced any significant impact on its operations, supply chain and recoverability of carrying amounts of financial and non-financial assets due to the pandemic.

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