Dr Reddys Q4 Pat Jumps 36 Yoy To Rs 1307 Crore

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

Dr Reddy's Q4 PAT jumps 36% YoY to Rs 1,307 crore

ri-calendar-2-lineMay 9, 2024

By: BlinkX Research Team

FbkFbkTwitterTelegram

Drug major Dr Reddy’s Laboratory on Tuesday, post-market hours announced its earnings for the quarter ended March 2024. The company reported a consolidated net profit surged 36.26% on year to 1,307 crore rupees. Further, revenue rose 12.49% to 7,083 crore rupees in Q4 FY24 compared to Q4 FY23.

 

The reported growth in revenue was largely attributed to growth in global generics revenues in North America and emerging markets as well. Revenue from the Indian market declined 12% in the quarter to 1,126.5 crore rupees. The company during the quarter launched 3 new brands in the country. 

 

However, revenue from the North American market rose 29% on year to 3,626 crore rupees. The growth is largely attributed to the increase in volume of the company’s base business, contribution from new launches, partly offset by price erosion.

 

Read more about Dr Reddy's share price Here!!

 

Further, earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 14.77% to 1,872 crore rupees in Q4 FY24 against 1,631.1 crore rupees reported in the corresponding quarter previous year. 

 

"Our growth and profitability in FY24 has been driven by our performance in the US. We have also made significant progress on future growth drivers through licensing, collaboration and pipeline building. We will continue to strengthen our core businesses through superior execution as we invest and build the future growth drivers," commented Co-Chairman and MD, GV Prasad.

Related News

News Thumbnail
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

News Thumbnail
Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

News Thumbnail
Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

News Thumbnail
Company

NBCC Arm Gets Two Construction Projects Worth Rs 443.61 Cr

4 mins read. August 2, 2024 at 12:33 PM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions