Divi's Lab Q3 results: Net profit up 17% to Rs 358 crore

The company reported a profit of Rs 306 crore in the same period last year.

February 10, 2024 / 12:56 PM IST

Revenue Up 8.6% At Rs 1,855 Cr Vs Rs 1,708 Cr (YoY)

 
 
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Pharma major Divi's Laboratories on February 10 reported a 17 percent year-on-year (YoY) rise in its consolidated net profit to Rs 358 crore for the October-December quarter of the current financial year.

The company reported a profit of Rs 306 crore in the same period last year.

Revenue came in at Rs  1,855 crore up 8.6 percent from the year-ago quarter numbers of Rs 1,708 crore.

Operational performance also remained weak as the company's earnings before interest, taxes, depreciation and amortization (EBITDA) came in at Rs 479 crore, up around 19.6 percent from Rs 409 crore.  The EBITDA margin also rose to 26.4 percent against 24 percent in the base period.

(This is a developing story. Please come back for more)

Moneycontrol News
Tags: #Business #Results
first published: Feb 10, 2024 12:37 pm

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