Dr. Reddy’s Lab’s Q2FY23 Quarter Results
Dr. Reddy’s Lab’s revenues grew 6% YoY in Q2FY23.
- 28 Oct 2022
- Dr. Reddy’s Lab reported 5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 6%.
- Its expenses for the quarter were up by 3% QoQ and 1% YoY.
- The net profit increased by 79% QoQ and 80% YoY.
- The earnings per share (EPS) of Dr. Reddy’s Lab stood at 67 during Q2FY23.
Dr. Reddy’s Lab’s Financial Statements for Q2FY23:
| Rs, crores) | Q2FY22 | Q1FY23 | Q2FY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5,992 | 6,087 | 6,373 | 5% | 6% |
Total Expenses | 4,745 | 4,628 | 4,773 | 3% | 1% |
Profit before tax | 1,273 | 1,468 | 1,614 | 10% | 27% |
Tax | 277 | 279 | 499 | 79% | 80% |
Profit after tax | 996 | 1,189 | 1,114 | -6% | 12% |
Earnings per share | 59.9 | 71.5 | 67.0 |
Data Source: BSE, Company announcements
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