DIVI'S LABORATORIES LIMITED

Hyderabad

PRESS RELEASE dated 2nd February, 2013

Divi's Labs earns an Income of Rs.534 crores in Q3 of FY13

Divi's Laboratories has earned a total income of Rs.534 crores on a stand-alone basis for the quarter ended 31st December, 2012 as against an income of Rs. 417 crores during the corresponding quarter last year. Profit before Tax (PBT) for the quarter came to Rs.184 crores as against a PBT of Rs. 160 crores for the corresponding previous quarter. Profit after Tax (PAT) for the current quarter came to Rs.144 crores as against Rs. 123 crores during the corresponding previous quarter.
Power continues to be critical in Andhra Pradesh due to severe power shortage in the State and the company continues to rely on purchased power at higher cost. Forex gain for the quarter amounted to Rs.16 crores while there was a forex loss of Rs.21 crores during the quarter ending 30th September, 2012.
For the 9-month period ended 31st December, 2012, the company earned a total income of Rs.1478 crores as compared to Rs.1134 crores during the corresponding 9-month period of last year. PBT for the current 9-month period came to Rs.553 crores as against a PBT of Rs.423 crores for the previous period. PAT for the current 9- months is Rs.430 crores as against Rs.331 crores for the previous period.

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