The firm had a net profit of Rs 98.93 crore in the fourth quarter of FY'07, Divis Lab said in a filing to the Bombay Stock Exchange.
The total income rose to Rs 282.71 crore in the latest quarter, from Rs 256 crore in the same period a year-ago.
The board has declared a dividend of 200 per cent at the rate of Rs 4, on shares of face value of Rs 2.
For the year ended March 31, the group reported a consolidated net profit of Rs 347.6 crore, a 87 per cent growth over the year-ago period. The firm had a net profit of Rs 185.86 crore in FY'07.
The total income rose to Rs 1,046.62 crore in FY'08, from Rs 738.01 crore in the year-ago period.
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Divis Lab reported a standalone net profit of Rs 94.37 crore in the fourth quarter of FY'08, a 6.55 per cent decline over the corresponding period a year-ago.
The firm had a net profit of Rs 100.98 crore in FY'07. The total income rose to Rs 282.51 crore in the latest quarter.
For the year ended March 31, the company announced a standalone net profit of Rs 353.56 crore, an 84.40 per cent growth over the year-ago period. The total income rose to Rs 1,046.8 crore.
Shares of the company were trading at Rs 1,397.90, down 6.19 per cent in the early morning trade on the BSE.