Divis Laboratories said a small rise in net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 8.78% to Rs 1,964.30 million from Rs 1,805.70 million in the same quarter previous year.
Net sales for the quarter rose 14.10% to Rs 7,502.10 million, compared with Rs 6,575 million for the prior year period.
Earnings per share for the quarter stood at Rs 14.80, registering 8.82% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 7,502.10 | 6,575.00 | 14.10 |
| Net Profit | 1,964.30 | 1,805.70 | 8.78 |
| Basic EPS | 14.80 | 13.60 | 8.82 |
Shares of the company declined Rs 63.9, or 4.94%, to trade at Rs 1,230.00. The total volume of shares traded was 18,845 at the BSE (10.30 a.m., Monday).
