Dr Reddy’s Q2 Net Profit Falls 36% to ₹913.4 Crore
Dr Reddy’s Laboratories reported September-quarter net profit of ₹913.4 crore, down 36% year over year from ₹1,426.8 crore, but above the ₹650.8 crore CNBC-TV18 poll estimate. Revenue declined 1.5%.
Drugmaker Dr Reddy’s Laboratories Ltd on Friday (October 23) reported a 36% year-on-year (YoY) decline in net profit to ₹913.4 crore for the September quarter, compared with ₹1,426.8 crore a year ago. However, net profit was above the CNBC-TV18 poll estimate of ₹650.8 crore.Revenue declined 1.5% ye…