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Dr. Reddys Laboratories reports 65% rise in Q3 consolidated net profit

01 Feb 2019 Evaluate

Dr. Reddys Laboratories has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 34.52% in its net profit at Rs 399.40 crore for the quarter under review as compared to Rs 296.90 crore for the same quarter in the previous year. Total income of the company increased by 9.87% at Rs 2,824.50 crore for Q3FY19 as compared Rs 2,570.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 65.28% in its net profit at Rs 500.30 crore for the quarter under review as compared to Rs 302.70 crore for the same quarter in the previous year. Total income of the company increased by 2.32% at Rs 3,966.90 crore for Q3FY19 as compared Rs 3,877.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1843.40
Dr. Reddys Labs. 1145.30
Cipla 1359.00
Lupin 2060.00
Zydus Lifesciences 1103.45
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