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Divi's Lab Q1 Net declines to Rs 167.93 cr

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Press Trust of India New Delhi
Drug firm Divi's Laboratories today reported a standalone net profit of Rs 167.93 crore for the first quarter ended June 30.

The company had posted a net profit of Rs 174.71 crore during the same period in the previous fiscal.

However, net sales of the company on a standalone basis increased 24.01 per cent to Rs 639.76 crore during the April-June quarter as against Rs 515.88 crore in the same period of previous financial year, Divi's Laboratories Ltd said in a filing to the BSE.

Shares of Divi's Laboratories closed on Rs 1,512.25 per scrip on the BSE, up 0.84 per cent from their previous close.

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First Published: Aug 11 2014 | 8:25 PM IST

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