Dr. Reddys Laboratories Ltd.
28.30 (2.10%) Dr. Reddys reports 17% fall in Q2 consolidated net profit
Date: 29-10-2014Dr. Reddys Laboratories has reported results for second quarter ended September 30, 2014.
The company has registered 43.94% fall in its net profit at Rs 433.59 crore for the quarter under review as compared to Rs 773.38 crore for the same quarter in the previous year. Total income of the company has decreased 7.48% at Rs 2535.62 crore for Q2FY15 as compared Rs 2740.90 crore for the corresponding quarter previous year.
On consolidated basis, the company’s net profit for the quarter under review declined 16.83% at Rs 574.10 crore against Rs 690.25 crore in the September quarter of previous fiscal. However, the company’s total income has increased by 5.65% at Rs 3614.37 crore for the quarter from Rs 3421.12 crore in the similar quarter of previous year.