Dr Reddy's Laboratories posts Rs 707 crore profit in Q3

January 28, 2022 15:57

Dr. Reddy's Laboratories on Friday reported Rs 707 crore net profit for the third quarter of the current financial year against Rs 27.9 crore in the corresponding quarter of the previous year, posting year-on-year growth of 3,468 per cent.

The company's revenue during the quarter ended December 31, 2021, rose to Rs 5,320 crore, posting a year-on-year growth of 8 per cent. For the first nine months of the current financial year, the revenue rose 12 per cent to Rs 16,002 crore.

The company's net profit for the first three quarters of the current financial year rose to Rs 2,269 crore, posting a growth of 67 per cent year-on-year. -- ANI

« Back to LIVE

TOP STORIES

IRDAI removes age limits on health insurance, huge relief for seniors

The move by the insurance regulatory body aims to create a more inclusive healthcare ecosystem in India and to encourage insurance provider companies to diversify their product offerings.

Rahul, Ruturaj fined Rs 12 lakh each for slow over-rate

Lucknow Super Giants skipper KL Rahul and his Chennai Super Kings counterpart Ruturaj Gaikwad have been fined Rs 12 lakh each as their teams maintained a slow over-rate in their Indian Premier League match in Lucknow on Friday.

Phase 1: Voter turnout may cross 64%, Tripura tops with 80.17%

According to an official release, the voting percentage is likely to go up when reports from all polling stations are obtained, as polling was scheduled until 6 pm in many constituencies.

Preity Slams Rohit 'Fake News'

'I hold Rohit Sharma in very high regard & am a big fan of his, but I have NEVER DISCUSSED him in any interview.'

Two dead, seven missing as boat capsizes in Odisha's Mahanadi River

The incident took place when around 50 passengers hailing from Kharsia area in the neighbouring Chhattisgarh were returning in the boat after visiting a temple in Patharseni Kuda in Odisha's Bargarh district.