Dr. Reddy's Laboratories' Consolidated Profit Falls in Fiscal Q2

MT Newswires Live

2024/11/06

Dr. Reddy's Laboratories (NSE:DRREDDY, BOM:500124) recorded a decline in its consolidated attributable profit to 12.5 billion Indian rupees in the fiscal second quarter ended Sept. 30 against 14.8 billion rupees a year ago.

Earnings per share contracted to 15.05 rupees compared with a year-ago figure of 17.76 rupees, according to a filing to the stock exchanges on Tuesday by the pharmaceutical company.

Revenue from operations in fiscal Q2 increased to 80.2 billion rupees from 68.8 billion rupees a year earlier.

Shares of the company were up over 1% in recent trade.

Price (INR): ₹1318.10, Change: ₹+15, Percent Change: +1.16%

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