Dr Reddys Laboratories Q3 consolidated net lower at Rs. 574.53 crores

Dr Reddys Laboratories Ltd has announced the financial results for the quarter ended December 31, 2014.

The Company has posted a net profit of Rs. 715.90 million for the quarter ended December 31, 2014 as compared to Rs. 6231.70 million for the quarter ended December 31, 2013. Total Income has decreased from Rs. 26469.60 million for the quarter ended December 31, 2013 to Rs. 22136.40 million for the quarter ended December 31, 2014.

The Group has posted consolidated net profit of Rs. 5745.30 million for the quarter ended December 31, 2014 as compared to Rs. 6184.20 million for the quarter ended December 31, 2013. Total Income has increased from Rs. 35514.90 million for the quarter ended December 31, 2013 to Rs. 38772.00 million for the quarter ended December 31, 2014.

Shares of DR.REDDY'S LABORATORIES LTD. was last trading in BSE at Rs.3359.2 as compared to the previous close of Rs. 3238.1. The total number of shares traded during the day was 78554 in over 12667 trades.

The stock hit an intraday high of Rs. 3374.4 and intraday low of 3213.2. The net turnover during the day was Rs. 260563209.

Source : Equity Bulls

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