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.

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.

HT Image

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.