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Divi's Labs reports 13% jump in net profit at Rs 557 cr in Q1

Total income rose to Rs 1,997 crore in the first quarter as compared with Rs 1,748 crore in the June quarter

Q1 results

Illustration: Ajay Mohanty

Press Trust of India New Delhi

Drug maker Divi's Laboratories on Saturday posted a 13 per cent 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.

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.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 07 2021 | 2:15 PM IST

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