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 Income5,9926,0876,3735%6%
Total Expenses4,7454,6284,7733%1%
Profit before tax1,2731,4681,61410%27%
Profit after tax9961,1891,114-6%12%
Earnings per share59.971.567.0

Data Source: BSE, Company announcements

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