Divi’s Labs Q2 profit up 18% to ₹606 cr

Divi’s Laboratories Ltd reports today’s standalone net profit 606 crore for the second quarter ended September, an increase of 18% over the corresponding quarter of the previous year.

He was 513 crore in the previous year period.

Company’s revenue from operations up 15% 1,967 crore for the period under review 1,713 crore in the same quarter last year.

Divi’s reported an EBITDA (earnings before interest, taxes, depreciation and amortization) 818 crore in the second quarter.

For the current quarter, Divi has incurred a foreign exchange loss of 7 crore as against the loss of 16 crore during the corresponding quarter of the previous year.

Shares of Divi’s Labs closed with a gain of 1.50 per cent in Thursday’s Muhurta trading 5,217 on NSE.

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