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Divi's Laboratories Ltd Q1FY21 consolidated net profit climbs to Rs. 492.06 crore



Posted On : 2020-08-08 13:33:10( TIMEZONE : IST )

Divi's Laboratories Ltd Q1FY21 consolidated net profit climbs to Rs. 492.06 crore

DIVI'S LABORATORIES LTD. has reported financial results for the period ended June 30, 2020.

Financial Results (Q1 FY 2020-21) - QoQ Comparison

The company has reported total income of Rs.1747.80 crores during the period ended June 30, 2020 as compared to Rs.1466.44 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.492.06 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.388.23 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.18.54 for the period ended June 30, 2020 as compared to Rs.14.62 for the period ended March 31, 2020.

FinancialsQ1 FY2020-21Q4 FY19-20% Change
Total Income₹ 1747.80 crs₹ 1466.44 crsUp Tick 19.19%
Net Profit₹ 492.06 crs₹ 388.23 crsUp Tick 26.74%
EPS₹ 18.54₹ 14.62Up Tick 26.81%

Financial Results (Q1 FY 2020-21) - YoY Comparison

The company has reported total income of Rs.1747.80 crores during the period ended June 30, 2020 as compared to Rs.1193.20 crores during the period ended June 30, 2019.

The company has posted net profit / (loss) of Rs.492.06 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.272.44 crores for the period ended June 30, 2019.

The company has reported EPS of Rs.18.54 for the period ended June 30, 2020 as compared to Rs.10.26 for the period ended June 30, 2019.

FinancialsQ1 FY2020-21Q1 FY2019-20% Change
Total Income₹ 1747.80 crs₹ 1193.20 crsUp Tick 46.48%
Net Profit₹ 492.06 crs₹ 272.44 crsUp Tick 80.61%
EPS₹ 18.54₹ 10.26Up Tick 80.7%

Forex gain for the current quarter amounted to Rs. 5 crores as against a loss of Rs. 6 crore during the corresponding quarter of the last year.

The company has been able to have near normal operations during the quarter and there was minimal impact due to covid-19 pandemic. The company has put in place several measures in order to ensure movement, health and safety of employees, supply of materials, production programs/schedules as also dispatches / shipment of finished products to customers, besides helping the community at large and supporting the initiatives of Governments.

Shares of DIVI'S LABORATORIES LTD. was last trading in BSE at Rs.2784.25 as compared to the previous close of Rs. 2739.85. The total number of shares traded during the day was 54230 in over 4984 trades.

The stock hit an intraday high of Rs. 2815 and intraday low of 2724.1. The net turnover during the day was Rs. 149917670.

Source : Equity Bulls

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