Category: Dr Reddy’s

May 10

India’s Dr Reddy’s Labs posts 11-fold jump in Q4 profit

Indian drugmaker Dr Reddy’s Laboratories Ltd reported nearly an eleven-fold surge in fourth-quarter profit on Wednesday, driven by higher sales from its mainstay generic drugs business in North America.The Hyderabad-based company’s consolidated profit rose to 9.59 billion rupees in the three months ended March 31, compared with 875 million rupees a year earlier.The profit, however, […]