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Dr. Reddy's Misses Q1 Estimates as US Generics Biz Drags
Mint Ahmedabad
|July 24, 2025
Dr. Reddy's Laboratories Plans to Launch Weight-Loss Drug Semaglutide in 87 Countries Next Year
Dr. Reddy's Laboratories Ltd.'s US generics business slumped in the June quarter as it faced price erosion in key products like gRevlimid used to treat cancer.
US generics revenue declined 11% year-on-year and 4% sequentially to ₹3,412 crore in the first quarter of FY26, according to earnings announced on Wednesday. The business accounts for 40%, the highest among all segments, of its top line.
The base business remains stable despite the price erosion, the company's management said in a post-earnings press conference.
यह कहानी Mint Ahmedabad के July 24, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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