Divi's Labs Q4 net profit up 0.89% at Rs 261 crore

INSUBCONTINENT EXCLUSIVE:
Drug firm Divi's Laboratories today reported a 0.89 per cent rise in its standalone net profit to Rs 261.60 crore for the fourth quarter
ended March 31. The company had posted a net profit of Rs 259.29 crore for the corresponding period of the previous fiscal, Divi's
Laboratories said in a BSE filing. Standalone total revenue from operations of the company stood at Rs 1,136.12 crore for the quarter under
review
It was Rs 1,087.57 crore for the same period a year ago. For the fiscal year 2017-18, the company posted a standalone net profit of Rs
869.58 crore as against Rs 1,053.27 crore in the previous fiscal. Standalone total revenue from operations stood at Rs 3,949.71 crore for
2017-18
It was Rs 4,141.72 crore in the previous fiscal. The company said its board has recommended a dividend of Rs 10 per share per equity share
of Rs 2 each.