DIVISLAB
Divi’s Labs Q2 Results – Lower than expectation
Net profit Rs348cr (down 29.5% YoY) – expectation Rs430cr
Ebitda Rs479cr (up 48% YoY) – expectation Rs564.8cr
Ebitda margin at 25.1% vs 18.4% (YoY) – expectation 29.2%
Income Rs1909cr (down 89.7% YoY) – expectation Rs1934cr