Dr. Reddy’s Lab’s Q3FY23 Quarter Results

Dr. Reddy’s Lab’s revenues grew 27% YoY
  • 25 Jan 2023
  • Dr. Reddy’s Lab reported 7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY23). On a year-on-year (YoY) basis, it witnessed a growth of 27%.
  • Its expenses for the quarter were up by 9% QoQ and 18% YoY.
  • The net profit increased by 12% QoQ and 75% YoY.
  • The earnings per share (EPS) of Dr. Reddy’s Lab stood at 74.8 during Q3FY23.

Dr. Reddy’s Lab’s Financial Statements for Q3FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income5,3946,3736,8497%27%
Total Expenses4,4384,7735,2179%18%
Profit before tax9741,6141,6381%68%
Profit after tax7091,1141,24412%75%
Earnings per share42.767.074.8

Data Source: BSE, Company announcements

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