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RESULTS

Q2 RESULTS FOR DIVI’S LAB’S :EXPLAINED IN DETAIL ?

Divi’s Laboratories posted a 45.63 percent year-on-year (YoY) growth in consolidated net profit at Rs 519.59 crore for the quarter finished September 30.

It had revealed a Profit of Rs 356.78 crore for the comparing quarter a year ago.

Income from operations increased 21 percent YoY to Rs 1,749.30 crore.

For the current quarter, Divi’s Labs saw a forex loss of Rs 16 crore against an addition of Rs 13 crore.

For the half-year finished September 30, the organization earned a consolidated total income of Rs 3,506 crore as against total income pay of Rs 2,680 crore during a similar period a year ago. Profit after tax 60.89 percent YoY to Rs 1,012 crore.

We had capitalized assets of Rs 615 crore during the quarter and the all out capitalization done during the half-year added up to Rs 830 crore. We hope to finish the progressing capex programs by end of the money related year. The organization is taking up another capex for a total measure of Rs 400 crore for meeting new business openings in the custom amalgamation ventures and should have been finished on quick track.

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