Divis Labs Q1 profit surges 45%

Divi’s Laboratories Ltd’s standalone net profit increased 45 per cent at ₹243 crore in the first quarter ended June 30, 2015, against ₹167 crore in the corresponding quarter of the previous year. Its scrip zoomed 4.80 per cent on the BSE to close at ₹2065.85. Total revenue too grew by 26 per cent at ₹809 crore (₹643 crore). The forex transaction gain for the quarter under review stood at ₹21 crore against a gain of ₹1 crore during the corresponding quarter of the last year. EPS stood at ₹18.32 (₹12.65).