Hacked by islam_Bey imhatimi.org

Divis Laboratories Ltd has announced the following Audited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008

The Company has posted a net profit of Rs 943.70 million for the quarter ended March 31, 2008 as compared to Rs 1009.80 million for the quarter ended March 31, 2007. Total Income has increased from Rs 2559.90 million for the quarter ended March 31, 2007 to Rs 2825.10 million for the quarter ended March 31, 2008.

The results for the Year ended March 31, 2008

The Company has posted a net profit of Rs 3535.60 million for the year ended March 31, 2008 as compared to Rs 1917.40 million for the year ended March 31, 2007. Total Income has increased from Rs 7380.30 million for the year ended March 31, 2007 to Rs 10468.00 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The consolidated results for the Quarter ended March 31, 2008

The Group has posted a net profit of Rs 926.80 million for the quarter ended March 31, 2008 as compared to Rs 989.30 million for the quarter ended March 31, 2007. Total Income has increased from Rs 2560.00 million for the quarter ended March 31, 2007 to Rs 2827.10 million for the quarter ended March 31, 2008.

The consolidated results for the Year ended March 31, 2008

The Group has posted a net profit of Rs 3476.00 million for the year ended March 31, 2008 as compared to Rs 1858.60 million for the year ended March 31, 2007. Total Income has increased from Rs 7380.10 million for the year ended March 31, 2007 to Rs 10466.20 million for the year ended March 31, 2008.

Divis Laboratories Ltd has informed BSE that the Compensation Committee of Board of Directors in its meeting held on April 19, 2008, has made the allotment of 115850 shares of Rs 2/- each to the employees under ESOP 2006 scheme of the Company. Consequent to the above allotment, the paid up share capital of the Company will get increased to 64672950 equity shares from 64557100 equity shares of face value Rs 2/- each.

Divis Laboratories Ltd has informed BSE that the Audited Financial Results of the Company for the entire financial year 2007-08 shall be considered and published by the Company within a period of three months from the end of the financial year, i.e. on or before June 30, 2008.

Hence the Company is not considering the un-audited financial results for the last quarter of the financial year ended on March 31, 2008.