Drug firm Divi's Laboratories on Saturday reported a 32.96 percent rise in its consolidated net profit to Rs 388.23 crore for the quarter ended March 31, 2020.
The company had posted a net profit of Rs 291.97 crore for the same period previous fiscal, Divi's Labs said in a BSE filing.
Consolidated total income of the company stood at Rs 1,466.44 crore for the quarter under consideration. It was Rs 1,307.97 crore for the same period year ago.
Net profit for the fiscal year ended March stood at Rs 1,376.54 crore as against Rs 1,352.74 crore in the previous fiscal, Divi's Labs said.
For the last fiscal, its total income stood at Rs 5,584.05 crore. It was Rs 5,101.89 crore in the previous fiscal, it added.
The company's board has declared and paid an interim dividend of Rs 16 per share for the financial year 2019-20. No final dividend is recommended. The total dividend payout for the current year amounted to Rs 512.06 crore including dividend tax, Divi's Labs said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
