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 Income2,0072,3431,935-17%-4%
Total Expenses1,2471,4921,319-12%6%
Profit before tax760851615-28%-19%
Profit after tax606702494-30%-19%
Earnings per share22.826.418.6

Data Source: BSE, Company announcements

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