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Dr. Reddy's Misses Q1 Estimates as US Generics Biz Drags
Mint Mumbai
|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 Revlimid 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.
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