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.