Pharmaceuticals company Divi's Laboratories announced Q3FY24 & 9MFY24 results:
Consolidated Q3FY24:
- Total Income: Rs 1,950 crore, compared to Rs 1,821 crore in the corresponding quarter of the previous year.
- Material Consumption: Approximately 39% of sales revenue.
- Profit Before Tax (PBT): Rs 489 crore, compared to Rs 435 crore in the corresponding quarter of the previous year.
- Profit After Tax (PAT): Rs 358 crore, compared to Rs 306 crore in the corresponding quarter of the previous year.
Standalone Q3FY24:
- Total Income: Recorded at Rs 1,902 crore in Q3FY24 compared to Rs 1,807 crore in Q3FY23.
- Profit Before Tax (PBT): Stood at Rs 490 crore in Q3FY24, up from Rs 439 crore in Q3FY23.
- Profit After Tax (PAT): Amounted to Rs 358 crore in Q3FY24, higher than the Rs 310 crore in Q3FY23.
- Forex Gain: Registered at Rs 17 crore in Q3FY24, decreased from Rs 49 crore in Q3FY23.
Consolidated 9MFY24:
- Total Income: Rs 5,804 crore, compared to Rs 6,099 crore in the corresponding previous period.
- Profit After Tax (PAT): Rs 1,062 crore, compared to Rs 1,502 crore in the corresponding previous period.
- Forex Gain: Rs 32 crore, compared to Rs 134 crore in the previous 9-month period.
Standalone 9MFY24:
- Total Income: For 9MFY24, it amounted to Rs 5,665 crore, down from Rs 6,003 crore in 9MFY23.
- Profit Before Tax (PBT): For 9MFY24, it was Rs 1,432 crore, a decrease from Rs 1,886 crore in 9MFY23.
- Profit After Tax (PAT): For 9MFY24, it reached Rs 1,045 crore, down from Rs 1,489 crore in 9MFY23.
- Forex Gain: For 9MFY24, it stood at Rs 29 crore, a decline from Rs 137 crore in 9MFY23.