Divi's Laboratories today said its net profit rose by 18.90% to Rs 102.5 crore for the first quarter ended June 30, 2011, over the same period previous fiscal.
The company had a net profit of Rs 86.2 crore in the same period last financial year, Divi's Laboratories said in a filing to the Bombay Stock Exchange (BSE).
Total income of the company rose to Rs 374.9 crore for the first quarter ended June 30, 2011, compared to Rs 274.2 crore in the same period previous fiscal.
The company said its new unit at Visakhapatnam has commenced commercial operations from June 1 2011.