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Reddy's Lab Q1 net rises 7.5 pc

Dr Reddy's Laboratories Ltd, India's No 2 drugmaker by sales, today reported a 7.5 per cent rise in profit for the June quarter.

business Updated: Jul 22, 2010 14:53 IST
Reuters

Dr Reddy's Laboratories Ltd, India's No 2 drugmaker by sales, on Thursday reported a 7.5 per cent rise in profit for the June quarter.

Net profit was at 2.44 billion rupees ($52 million), up from 2.27 billion a year earlier, according to a posting on the National Stock Exchange.

It was not immediately clear if the numbers were under international accounting or Indian accounting standards.

First Published: Jul 22, 2010 14:50 IST