Tuesday 11 February 2014

Dr Reddys Laboratories reports 70% rise in Q3 consolidated net profit

Dr Reddys Laboratories has reported results for the third quarter ended December 31, 2013.

The company has reported 79.77% rise in its net profit at Rs 623.17 crore for the quarter as compared to Rs 346.64 crore for the same quarter in the previous year. Total income of the company has increased by 21.07% at Rs 2646.96 crore for quarter under review as compared to Rs 2186.30 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 70.22% rise in its net profit at Rs 618.42 crore for the quarter ended December 31, 2013 as compared to Rs 363.31 crore for the same quarter in the previous year. Total income of the group has increased by 22.95% at Rs 3551.49 crore for quarter under review as compared to Rs 2888.47 crore for the quarter ended December 31, 2012.

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