Dr Reddy's Lab Net Profit Declines 28% To Rs 553.5 Crore In March Quarter

Dr Reddy's Laboratories announced its January-March quarter results for the financial year 2020-21, reporting a 27.5 per cent decline in net profit year-on-year at Rs 553.5 crore. According to a regulatory filing by the company to the stock exchanges, Dr Reddy's Lab reported a net profit of Rs 764.2 crore in the corresponding quarter of the previous fiscal. The drugmaker reported revenue of Rs 4,728 crore in the fourth quarter of fis...