Divis Labs net profit up 13 percent at Rs 557 crore in Q1

Published On 2021-08-09 04:30 GMT   |   Update On 2021-08-09 12:41 GMT

New Delhi: Drug maker Divi's Laboratories on Saturday posted a 13 percent increase in its consolidated net profit at Rs 557 crore for the first quarter ended June 30, 2021.

The company had reported a net profit of Rs 492 crore in the April-June quarter of the previous fiscal.

Total income rose to Rs 1,997 crore in the first quarter as compared with Rs 1,748 crore in the June quarter of 2020-21 fiscal, Divi's Laboratories said in a regulatory filing.

Read also: Sun Pharma reports consolidated net profit of Rs 1,444 crore in Q1

Forex gain for the current quarter stood at Rs 20 crore as against a gain of Rs 5 crore during the corresponding quarter of the last year, it added.

Read also: Piramal net profit up 8 percent to Rs 534 crore in Q1



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Article Source : PTI

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