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 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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