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Divi's Laboratories reports 13% jump in net profit at Rs 557 cr in Q1

Divi's Laboratories reports 13% jump in net profit at Rs 557 cr in Q1
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Divi's Laboratories shares jump 4% after Q4 earnings


Divi s Laboratories shares jump 4% after Q4 earnings
Divi s Labs earnings showed strong traction in 2020-21 due to a surge in demand for bulk drugs caused by the pandemic.
Shares of Divi s Laboratories on Monday gained 4 percent after the company reported a 29.30 percent rise in its consolidated net profit for the quarter ended March 31, 2021.
The stock jumped 4 percent to Rs 4,284.05 its 52-week high on the BSE.
At the NSE, it gained 3.97 per cent to its one-year high of Rs 4,284.20.
Drug firm Divi s Laboratories on Saturday reported a 29.30 per cent rise in its consolidated net profit to Rs 502.02 crore for the quarter ended March 31, 2021, on account of robust sales. ....

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