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Dr Reddy’s net profit beats estimates despite 14% dip
Mint Mumbai
|January 22, 2026
Hyderabad-based Dr Reddy's Laboratories beat street estimates in the third quarter, reporting revenue of ₹8,726.8 crore and profit after tax (PAT) of ₹1,210 crore, with steady India growth and favourable forex helping offset the loss of Revlimid sales in the US.
A Bloomberg poll of 24 and 22 brokerages had pegged the drugmaker's consolidated revenue at ₹8,338 crore and its profit after tax at ₹1,089 crore, respectively.
The firm's revenue grew nearly 4.4% year-on-year (yo-y) but marginally declined sequentially by 0.9%, while its profit after tax was down 14% yo-y, and 16% quarter-on-quarter (q-o-q), as product-specific headwinds persisted.
Its earnings before interest, taxes, depreciation, and amortization (Ebitda) was down 11% yo-y to ₹2,049 crore, with margins contracting to 23.5% from the previous year's 27.5%.
Diese Geschichte stammt aus der January 22, 2026-Ausgabe von Mint Mumbai.
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