Dr Reddy’s Q1 consolidated net jumps 27.87%

19 Jul 2012 Evaluate

Dr Reddy’s has reported results for first quarter ended June 30, 2012.

On the standalone basis, the company has posted a fall of 60.87% in its net profit at Rs 177.66 crore for the quarter ended June 30, 2012 as compared to Rs 454.05 crore for the same quarter in the previous year. However, total income has increased by 4.70% at Rs 1834.94 crore for quarter under review as compared to Rs 1752.50 crore for the quarter ended June 30, 2011.

On the consolidated basis, the company has posted a rises of 27.87% in its net profit at Rs 335.98 crore for the quarter ended June 30, 2012 as compared to Rs 262.74 crore for the same quarter in the previous year. Total income has increased by 28.31% at Rs 2562.46 crore for quarter under review as compared to Rs 1997.02 crore for the quarter ended June 30, 2011.

Dr Reddy's is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products - the company offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, bio-similars, differentiated formulations and NCEs. 

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