India's Dr Reddy's beats quarterly profit view on new drug launches
ReutersMay 9, 2025 11:15 AM
HYDERABAD, May 9 (Reuters) - Indian generic drugs maker Dr Reddy's Laboratories REDY.NS reported a fourth-quarter profit that beat analysts' expectations on Friday, helped by new drug launches in oncology and other chronic therapy areas.
The company's consolidated net profit increased to 15.93 billion rupees (nearly $187 million) in the quarter ended March 31, beating analysts' estimate of 14.91 billion rupees, as per data compiled by LSEG.
($1 = 85.3790 Indian rupees)
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