Dolat Capital: Divi’s Labs’ Growth Momentum Continues In Q2, More Capex To Meet Demand
Tablets pass through a blister pack packaging machine inside a pharmaceutical laboratories a(Photographer: Martin Leissl/Bloomberg)

Dolat Capital: Divi’s Labs’ Growth Momentum Continues In Q2, More Capex To Meet Demand

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Dolat Capital Report

Divi’s Laboratories Ltd. reported robust Q2 driven by volume growth across the product portfolio as the current quarter does not reflect any significant Covid-19 related sales.

Debottlenecking of units, backward integration, efficient technologies implementation and favourable raw materials costs led to gross margin expansion at 67%.

Management indicated that the H1 growth is sustainable and is driven by high visibility on order-book.

Click on the attachment to read the full report:

Dolat Capital Divis Laboratories Q2FY21 Result Update.pdf

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