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Divis Laboratories reports 29% rise in Q2 net profit

31 Oct 2015 Evaluate

Divis Laboratories has reported results for second quarter ended September 30, 2015.

The company has reported 28.78% rise in its net profit at Rs 295.73 crore for the quarter ended September 30, 2015 as compared to Rs 229.64 crore for the same quarter in the previous year. The company’s total income has increased by 17.12% to Rs 993.96 crore for the quarter under review from Rs 848.68 crore for the corresponding quarter of the previous year.

Divis Laboratories focussed on developing new processes for the production of Active Pharma Ingredients (APIs) & Intermediates. The company in a matter of short time expanded its breadth of operations to provide complete turnkey solutions to the domestic Indian pharmaceutical industry.

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