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Dr. Reddy's Laboratories reports 16% fall in Q3 consolidated net profit

06 Feb 2017 Evaluate

Dr. Reddy's Laboratories has reported results for third quarter ended December 31, 2016. 

The company has reported 85.15% rise in its net profit at Rs 438.80 crore for the quarter under review, as compared to Rs 237.00 crore for the same quarter in the previous year. Total income of the company increased by 6.02% at Rs 2657.50 crore for the quarter under review as compared to Rs 2506.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 15.95% fall in its net profit after taxes and share of profit of associates at Rs 492.30 crore for the quarter ended December 31, 2016, as compared to Rs 585.70 crore for the same quarter in the previous year. Total income of the company decreased by 6.88% at Rs 3763.50 crore for the quarter under review as compared Rs 4041.50 crore for the corresponding quarter previous year.  

Dr. Reddys Lab Share Price

1310.50 39.55 (3.11%)
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