Home / BUSINESS / Dr. Reddy’s Laboratories reports over 2-fold jump in Q2 consolidated net profit

Dr. Reddy’s Laboratories reports over 2-fold jump in Q2 consolidated net profit

Dr. Reddy’s Laboratories has reported results for second quarter ended September 30, 2019.

The company has reported around four-fold jump in its net profit at Rs 1,365.10 crore for the quarter under review as compared to Rs 346.20 crore for the same quarter in the previous year. Total income of the company increased by 30.19% at Rs 3,522.70 crore for Q2FY20 as compared Rs 2,705.80 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over two-fold jump in its net profit at Rs 1,106.80 crore for the quarter under review as compared to Rs 518.30 crore for the same quarter in the previous year. Total income of the company increased by 23.34% at Rs 4,866.80 crore for Q2FY20 as compared Rs 3,945.70 crore for the corresponding quarter previous year.

Please share this news