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Divis Laboratories today reported a 17.83 per cent rise in consolidated net profit at Rs 231.47 crore for the quarter ended March 31, 2015, mainly due to robust sales.
The company had posted a net profit of Rs 196.43 crore in the corresponding period of the previous fiscal, Divis Laboratories said in a filing to the BSE.
Consolidated total income from operations also rose to Rs 820.70 crore from Rs 750.21 crore.
For the full year 2014-15, the consolidated net profit rose to Rs 851.52 crore from Rs 773.34 crore in the year-ago period.
Consolidated total income from operations grew to Rs 3,114.94 crore in 2014-15 from Rs 2,532.14 crore in 2013-14.
In a separate filing to BSE, Divis Laboratories said its board has recommended a dividend of 1,000 per cent, i.e., Rs 20 per share of Rs 2 face value for the year ended 31, March 2015.
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