36% Decline in Dr. Reddy’s Profit
Hyderabad: Dr. Reddy’s Laboratories has reported disappointing results for the quarter ending in September (Q2) of the current financial year. For the July-September quarter, the company's consolidated net profit declined by 36 percent to Rs 913.40 crore. In the same period last year, the profit stood at Rs 1,426.80 crore. During the quarter under review, total income also fell by 1.5 percent, decreasing from Rs 8,805 crore to Rs 8,670.8 crore.
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