Dr Reddy's Laboratories on Saturday posted Rs 1,392 crore in net profit for the April-June quarter (year-on-year), down 1 per cent from Rs 1,402.5 crore in the same period in last fiscal.
The company clocked a 14 per cent rise in revenue in Q1 FY25 at Rs 7,672 crore, from Rs 6,738 crore in the same quarter last fiscal.
“We had a good start to the new fiscal year and our growth and profitability was mainly driven by our generics business,” said GV Prasad, Co-Chairma...
Dr Reddy's posts 1 pc drop in net profit at Rs 1,392 crore in Q1, revenue up 14 pc
Indian equity indices opened in the green on Friday following positive global cues.
At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.
Buying is seen in the broader markets. Nifty midcap 100 index is up 711 points or 1.25 per cent, at 57,453. Nifty smallcap 100 index is up 74 points or 0.40 per cent, at 18,747.
Among the sectoral indices, Metal, IT, PSU Bank, Pharma, Metal, Realty, Energy, and Infra are th...
Sensex trades higher on positive global cues