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Divis Laboratories' Q1 net jumps 23%

13 Aug 2016 Evaluate

Divis Laboratories has reported results for first quarter ended June 30, 2016.

The company has registered growth of 23.10% in its net profit at Rs 301.81 crore for the quarter as compared to Rs 245.18 crore for the same quarter in the previous year. Total income of the company increased by 21.53% at Rs 1024.39 crore for quarter under review as compared to Rs 842.93 crore for the quarter ended June 30, 2015.

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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