BUSINESS

Divi’s Labs Inks Long-Term Supply Deal with Global Pharma Giant

The company reported a 23% year-over-year rise in net profit to Rs 662 crore.

Divi’s Laboratories announced a long-term manufacturing and supply agreement with a global pharmaceutical company, focusing on advanced intermediates β€” a key area of its custom synthesis business.

In a regulatory filing, the company said the deal is international in scope and is expected to make a meaningful contribution to its revenue. While the partner’s identity and financial specifics remain undisclosed due to confidentiality, Divi’s confirmed the deal’s significance.

To support this agreement and future growth, the company plans to invest Rs 650–700 crore in expanding capacity at its existing facilities. The investment will be funded through internal accruals.

Divi’s stated the deal ensures supply reliability for the customer and strengthens its position in the custom synthesis market.

Stocks Insights? Let the Analyst Guide You.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

Click here to check market prediction for next trading session.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.



πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ‘”
Advisory
Get 1-2 Index Option Trades Daily