Last Updated:
Divi’s Labs Q2 Results: Its total income jumps 22.5 per cent to Rs 2,444 crore, compared with Rs 1,995 crore in the year-ago period.
Divi’s Laboratories on Saturday posted a 46.55 per cent jump in its consolidated net profit to Rs 510 crore for the second quarter ended September 2024. The pharma company’s total income during July-September 2024 jumped 22.5 per cent to Rs 2,444 crore, compared with Rs 1,995 crore in the year-ago period.
Its net profit had stood at Rs 348 crore in the corresponding quarter last year, according to a regulatory filing.
“For the current quarter, we have forex gain of Rs 29 crore as against a gain of Rs 1 crore during the corresponding quarter of the previous year,” Divi’s Labs said in a statement.
During the April-September 2024 period, the company’s net profit increased by 33.52 per cent to Rs 940 crore. It had stood at Rs 704 crore a year ago.