Politics · India Bureau
Divi's Labs Q2 profit surges 64% to ₹1,127 crore on revenue growth
Divi's Laboratories posted strong sequential results in the September quarter with net profit jumping nearly two-thirds year-on-year, driven by a 35% increase in operational revenues. However, the company's first-half performance showed a significant decline compared to the previous fiscal year.
LSN India ·
Divi's Laboratories Ltd reported a sharp 63.57 per cent jump in net profit to ₹1,127 crore during the second quarter of fiscal 2026-27, compared with ₹689 crore in the corresponding quarter of the previous year, according to a regulatory filing on Saturday.
Revenue from operations during the quarter ended September 30 climbed 35.39 per cent to ₹3,676 crore from ₹2,715 crore a year earlier. The pharmaceutical and life sciences company's total operating expenses, however, also increased to ₹2,265 crore in the quarter under review from ₹1,948 crore in the year-ago period.
The strong quarterly performance was tempered by a more subdued first-half showing. For the April-September period, the company's net profit declined 35.39 per cent to ₹2,029 crore from ₹2,568 crore recorded in the same six-month period of the prior fiscal year, the filing indicated.