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Dr. Reddy's Q4 profit up 25%

New Delhi: India's second largest drugmaker by sales, Dr. Reddy's Laboratories Ltd, has posted a 25 per cent rise in quarterly net profit, but fell short of analysts' estimates due to a rise in expenses.Net

India TV News Desk [ Updated: May 13, 2014 16:32 IST ]
dr. reddy s q4 profit up 25
dr. reddy s q4 profit up 25

New Delhi: India's second largest drugmaker by sales, Dr. Reddy's Laboratories Ltd, has posted a 25 per cent rise in quarterly net profit, but fell short of analysts' estimates due to a rise in expenses.


Net profit for the January-March quarter was Rs 4.71 billion, as against Rs 3.78 billion in the same period a year ago.

Revenues stood at Rs 25.32 billion, up 17 per cent when compared to the same period last year.

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