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Divi’s Laboratories Q2FY23; 19% Fall in Profits

Divi’s Laboratories Ltd.‘s revenues in Q2FY23 fell 7% to ₹ 1,855 crores. Consolidated Profit came at ₹ 494 crores showcasing a 19% fall YoY over the corresponding period.

In this quarter’s results, the reports suggested that the firm has observed a fall in profits due to a fall in revenue from operations while witnessing a 6% YoY increase in Total Expenses.

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