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Divis Laboratories reports 19% rise in Q1 net profit

08 Aug 2011 Evaluate

Divis Laboratories has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 surged by 18.89% at Rs 102.59 crore as compared to Rs 86.29 crore for the corresponding quarter last year. Its total income grew by 36.71% at Rs 374.96 crore for the quarter under review from Rs 274.27 crore for the same quarter last year.

Divis Laboratories, together with its subsidiaries, engaged in the manufacture and sale of active pharma ingredients (APIs) and intermediates for the pharmaceutical industry in India and worldwide.

Peers
Company Name CMP
Sun Pharma. Inds. 1759.10
Dr. Reddys Labs. 1230.50
Cipla 1313.70
Lupin 1946.00
Zydus Lifesciences 1139.00
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