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Dr. Reddy's Misses Q1 Estimates as US Generics Biz Drags
Mint Hyderabad
|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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Mint Hyderabad
From loss to profit: Juspay nets ₹62 cr
Payments solutions provider Juspay Technologies has reported a profit after tax (PAT) of ₹62 crore for 2024-25, driven by a rise in digital transaction volumes, an expanding client base, and global expansion.
1 min
November 13, 2025
Mint Hyderabad
KPIT: Strong deal flow, but can it keep engine humming?
Midcap information technology (IT) company KPIT Technologies, which has carved a niche in automotive software services, is set to bear the brunt of planned cuts in IT investments by automobile original equipment manufacturer clients.
1 mins
November 13, 2025
Mint Hyderabad
Groww most valued broker on mkt debut
Stock jumps 31% on listing day, market capitalization eclipses older peers
2 mins
November 13, 2025
Mint Hyderabad
HAL posts 11% rise in quarterly profit
Hindustan Aeronautics Ltd (HAL) reported higher second-quarter profit on Wednesday, supported by strong order execution, though weaker operating margins dragged its shares down 3% after results.
1 min
November 13, 2025
Mint Hyderabad
Mega export schemes get nod
The Union cabinet on Wednesday approved two major initiatives worth a combined %45,060 crore to strengthen India’s export ecosystem and ease liquidity pressures for exporters.
1 mins
November 13, 2025
Mint Hyderabad
Why only one of two big Tata Trusts inducted Neville, Bhat
Srinivasan said SRTT didn’t have the appointment on the agenda, did not attend SDTT meet
2 mins
November 13, 2025
Mint Hyderabad
The central bank faces a duality in the adoption of AI
The rapid adoption of artificial intelligence (AI), especially generative AI, is no longer a peripheral technological shift, but a profound macroeconomic shock.
3 mins
November 13, 2025
Mint Hyderabad
Retail inflation plunges to record low of 0.25% in Oct
The decline in inflation in October, like the previous several months, was led by the food group. Inflation for food items, which account for nearly 40% of the inflation basket and have a heavy influence on the headline inflation, plunged to -5.02% from -2.33% in September. The sharp decline was led by vegetables and pulses and products, inflation for which came in at -27.57% and -16.15%, respectively.
2 mins
November 13, 2025
Mint Hyderabad
Quick commerce uses algos to bunch orders, save costs
The strategy is reshaping q-commerce, turning rapid delivery to a data-driven logistics game
2 mins
November 13, 2025
Mint Hyderabad
How an Abu Dhabi unit became vital for Reliance
An Abu Dhabi-based subsidiary of Reliance Industries, Reliance International Ltd, has emerged as one of the conglomerate's vital units in the face of shifting global oil trade and now accounts for nearly a fifth of the parent's consolidated revenue.
1 min
November 13, 2025
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