Divi's Labs Q2: Net profit rises 17% to Rs 606 cr on account of robust sales

Divi's Labs Q2: Net profit rises 17% to Rs 606 cr on account of robust sales

AgenciesUpdated: Saturday, November 06, 2021, 03:14 PM IST
article-image
The company had posted a net profit of Rs 519.59 crore for the corresponding period of the previous fiscal, Divi's Laboratories said in a filing to the BSE./File pic |

Divi's Laboratories on Saturday reported a 16.71 percent jump in its consolidated net profit to Rs 606.46 crore for the quarter ended September 30, mainly on account of robust sales.

The company had posted a net profit of Rs 519.59 crore for the corresponding period of the previous fiscal, Divi's Laboratories said in a filing to the BSE.

Its consolidated total income during July-September 2021 stood at Rs 2,006.62 crore. It was Rs 1,762.94 crore in the year-ago period, it added.

The group 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 COVID 19 pandemic, Divi's Labs said.

(With PTI inputs)

RECENT STORIES

Mumbai Metro Line 3 Fully Opens To Public, Final Underground Stretch From Acharya Atre Chowk To...

Mumbai Metro Line 3 Fully Opens To Public, Final Underground Stretch From Acharya Atre Chowk To...

Indian Markets Open Flat But Rise On Positive Global Sentiment, Geopolitical Easing, And Trade Deal...

Indian Markets Open Flat But Rise On Positive Global Sentiment, Geopolitical Easing, And Trade Deal...

Canara HSBC Life Raises ₹750 Crore From Anchor Investors, IPO Opens For Subscription On October 10

Canara HSBC Life Raises ₹750 Crore From Anchor Investors, IPO Opens For Subscription On October 10

IndiGo Aims To Strengthen India-UK Connectivity In Winter With New Routes Increased Frequency,...

IndiGo Aims To Strengthen India-UK Connectivity In Winter With New Routes Increased Frequency,...

VIDEO: 'We Want India To Take Its Rightful Place In UNSC,' Says British PM Keir Starmer

VIDEO: 'We Want India To Take Its Rightful Place In UNSC,' Says British PM Keir Starmer