HomeNewsBusinessEarningsDivi's Labs Q2 Results: Net profit rises 46% to Rs 510 crore, revenue at Rs 2,338 crore

Divi's Labs Q2 Results: Net profit rises 46% to Rs 510 crore, revenue at Rs 2,338 crore

The pharma major's EBITDA rose almost 50 percent to Rs 716 crore.

November 09, 2024 / 19:40 IST
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Divis Labs
Divis Labs

Indian pharmaceutical giant Divi's Labs' on November 9 reported a net profit of Rs 510 crore, up 46.5 percent for the second quarter of financial year 2024-2025 (Q2FY25). It had reported a net profit of Rs 348 crore in Q2FY24.

For Q2FY25, it reported revenue at Rs 2,338 crore, up 22.5 percent YoY.

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Divi's Laboratories reported a 49.5 percent year-on-year growth in its EBITDA, reaching Rs 716 crore for the quarter ending September 2023, compared to Rs 479 crore in the same period last year. The company also saw a significant increase in its Q2 margin, rising by 500 basis points to 30.6 percent, up from 25 percent in the previous year.

For the half-year period ending September 30, the company reported a consolidated total income of Rs 4,640 crore, compared to Rs 3,854 crore for the same period last year.