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Our Bureau

Hyderabad , Aug 1

Divi's Laboratories Ltd (DLL) has reported a growth of 142 per cent in income and 110 per cent net profit for the first quarter of current fiscal ended June 30.

While turnover has improved to Rs 165 crore from Rs 68 crore in the correspondent quarter of previous fiscal, net profit rose to Rs 27 crore (Rs 13 crore).

The company has attributed the growth to significant improvement in sales to big pharma companies for the custom synthesis and also increase in business of its top-five generic products.

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