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Dr. Reddy's Laboratories reports 36% rise in Q4 consolidated net profit
May-07-2024

Dr. Reddy's Laboratories has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 53.90% rise in its net profit at Rs 1,034.80 crore for the quarter under review as compared to Rs 672.40 crore for the same quarter in the previous year. Total income of the company increased by 13.89% at Rs 5,317.50 crore for Q4FY24 as compared Rs 4,668.80 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 36.42% rise in its net profit at Rs 1,309.80 crore for fourth quarter ended March 31, 2024 as compared to Rs 960.10 crore for the same quarter in the previous year. Total income of the company increased by 13.29% at Rs 7,311.30 crore for Q4FY24 as compared Rs 6,453.70 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 66.18% rise in net profit at Rs 4,342.00 crore as compared to Rs 2,612.80 crore for the previous year. Total income of the company increased by 15.91% at Rs 20,346.10 crore for year under review as compared to Rs 17,553.80 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 23.75% rise in its net profit at Rs 5,577.90 crore as compared to Rs 4,507.30 crore for the previous year. Total income of the company increased by 12.36% at Rs 28,905.40 crore for year under review as compared to Rs 25,725.20 crore for year ended March 31, 2023.


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