Dr Reddy's Q1 net profit falls 80% to ₹126 crore
Dr Reddy’s Laboratories on Tuesday reported an 80% decline in consolidated net profit for the quarter ended June 30 to ₹126.3 crore against the same period last year. Total revenue of the company fell 14% to ₹3,234.5 crore from the year-ago period. The fall was due to the decline in volume growth, particularly in the US market, the company stated.