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Divis Laboratories reports 74% rise in Q2 net profit

09 Nov 2013 Evaluate

Divis Laboratories has reported results for the second quarter ended September 30, 2013.

The company has reported 73.71% rise in its net profit at Rs 204.93 crore for the quarter as compared to Rs 117.97 crore for the same quarter in the previous year. Total income of the company has increased by 25.15% at Rs 603.49 crore for quarter under review as compared to Rs  482.21 crore for the quarter ended September 30, 2012.

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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