Divi's Laboratories Limited — Others, 17-05-2025: Change in Management

Divi's Laboratories has announced a board meeting that approved the financial results for the quarter and half-year, reporting consolidated total income of ₹9,712 Cr for FY2024-25, up from ₹8,184 Cr the previous year. Profit before tax rose to ₹2,916 Cr, and net profit increased to ₹2,191 Cr. Standalone total income was ₹9,550 Cr with profit before tax of ₹2,929 Cr and net profit of ₹2,209 Cr. The Unit III greenfield project near Kakinada has started commercial operations. A final dividend of ₹30 per share (1500%) has been proposed. CFO L. Kishore Babu will retire in August 2025, succeeded by Venkatesa Perumallu Pasumarthy. M/s V. Bhaskara Rao & Co. has been appointed as secretarial auditors for five years, pending shareholder approval.