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Divi’s Lab’s Q2FY23 Quarter Results

Divi’s Lab’s revenues fell 4% YoY
  • 07 Nov 2022
  • Divi’s Lab reported 17% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a decline of 4%.
  • Its expenses for the quarter were down by 12% QoQ and up 6% YoY.
  • The net profit decreased by 30% QoQ and 19% YoY.
  • The earnings per share (EPS) of Divi’s Lab stood at 18.6 during Q2FY23.

Divi’s Lab’s Financial Statements for Q2FY23:

(Rs, crores) Q4FY21 Q3FY22 Q4FY22 QoQ (%) YoY (%)
Total Income
2,007
2,343
1,935
-17%
-4%
Total Expenses
1,247
1,492
1,319
-12%
6%
Profit before tax
760
851
615
-28%
-19%
Tax
153
149
122
-19%
-21%
Profit after tax
606
702
494
-30%
-19%
Earnings per share
22.8
26.4
18.6

Data Source: BSE, Company announcements

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