Dr. Reddy’s Lab’s Q3FY23 Quarter Results
- 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)
Total Income
Q1FY22
5,394
Q4FY22
6,373
Q1FY23
6,849
QoQ (%)
7%
YoY (%)
27%
(Rs, crores)
Total Expenses
Q1FY22
4,438
Q4FY22
4,773
Q1FY23
5,217
QoQ (%)
9%
YoY (%)
18%
(Rs, crores)
Profit before tax
Q1FY22
974
Q4FY22
1,614
Q1FY23
1,638
QoQ (%)
1%
YoY (%)
68%
(Rs, crores)
Tax
Q1FY22
265
Q4FY22
499
Q1FY23
394
QoQ (%)
-21%
YoY (%)
49%
(Rs, crores)
Profit after tax
Q1FY22
709
Q4FY22
1,114
Q1FY23
1,244
QoQ (%)
12%
YoY (%)
75%
(Rs, crores)
Earnings per share
Q1FY22
42.7
Q4FY22
67.0
Q1FY23
74.8
QoQ (%)
YoY (%)
| (Rs, crores) | Q1FY22 | Q4FY22 | Q1FY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
| Total Income | 5,394 | 6,373 | 6,849 | 7% | 27% |
| Total Expenses | 4,438 | 4,773 | 5,217 | 9% | 18% |
| Profit before tax | 974 | 1,614 | 1,638 | 1% | 68% |
| Tax | 265 | 499 | 394 | -21% | 49% |
| Profit after tax | 709 | 1,114 | 1,244 | 12% | 75% |
| Earnings per share | 42.7 | 67.0 | 74.8 |
Data Source: BSE, Company announcements
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