Project pipeline, ongoing expansion offer revenue visibility for Divi's

Divi's Laboratories Q3 results: While top line growth was strong, margin performance stood out in the December quarter

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Divi’s Laboratories | Q3 results

Ram Prasad Sahu 

Divi’s Laboratories quarter results: After a 49 per cent y-o-y growth in the June quarter and a 21 per cent uptick in the September quarter, Divi’s Laboratories continued its strong growth run in the December quarter.

The country’s second largest pharma company by market capitalisation posted a 22 per cent growth in Q3 led by the generics segment which accounts for 60 per cent of its revenues. In addition to top line growth, which has over the past three quarters benefitted from supply constraints, higher outsourcing trend and the China+1 strategy, margins too, have ...

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First Published: Mon, February 08 2021. 09:07 IST
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