Dr. Reddys Laboratories Ltd.
-24.30 (-1.91%) Dr. Reddys Lab reports sevenfold jump in Q1 consolidated net profit
Date: 28-07-2018Dr. Reddys Laboratories has reported results for first quarter ended June 30, 2018.
The company has reported net profit at Rs 328.90 crore for the quarter under review as compared to a net loss of Rs 7.30 crore for the same quarter in the previous year. Total income of the company increased by 24.04% at Rs 2652.50 crore for Q1FY19 as compared Rs 2138.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 7-fold jump in its net profit at Rs 476.10 crore for the quarter under review as compared to Rs 66.60 crore for the same quarter in the previous year. Total consolidated income of the company increased by 12.33% at Rs 3786.90 crore for Q1FY19 as compared Rs 3371.20 crore for the corresponding quarter previous year.