Divi's Laboratories Q1 net up 23% at Rs 302 cr

Image
Press Trust of India New Delhi
Last Updated : Aug 12 2016 | 7:13 PM IST
Drug firm Divi's Laboratories today posted a rise of 23 per cent rise in net profit at Rs 301.81 crore for the first quarter ended June 30.
The company had posted a net profit of Rs 245.18 crore for the same period of previous fiscal.
Net sales of the company rose to Rs 1,005.97 crore for the first quarter as compared to Rs 806.91 crore during the same period of previous financial year, Divi's Laboratories said in a regulatory filing.
The company manufactures active pharmaceutical ingredients (APIs) and intermediates.
Shares of the company today ended 1.35 per cent up at Rs 1,190.30 on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 12 2016 | 7:13 PM IST

Next Story