Divi's Labs Q2 Results: Net Profit Jumps 46.55% to Rs 510 Crore, Total Income Up 22.5%

Divi’s Laboratories on Saturday posted a 46.

55 per cent jump in its consolidated net profit to Rs 510 crore for the second quarter ended September 2024.

The pharma company’s total income during July-September 2024 jumped 22.

5 per cent to Rs 2,444 crore, compared with Rs 1,995 crore in the year-ago period.

Its net profit had stood at Rs 348 crore in the corresponding quarter last year, according to a regulatory filing.

“For the current quarter, we have forex gain of Rs 29 crore as against a gain of Rs 1 crore during the corresponding quarter of the previous year,” Divi’s Labs said in a statement.

During the April-September 2024 period, the company’s net profit increased by 33.

52 per cent to Rs 940 crore.

It had stood at Rs 704 crore a year ago.

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