CORRECTED-India's Dr. Reddy's Q4 profit falls about 19 pct, misses estimates [Reuters]
Dr. Reddy's Laboratories Ltd (RDY)
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Source: Reuters
CORRECTED-India's Dr. Reddy's Q4 profit falls about 19 pct, misses estimates | Reuters Reuters Staff 1 Min Read (Corrects all figures except analysts’ estimates to reflect figures as per Indian Accounting Standard Rules) May 22 (Reuters) - Indian generic drugmaker Dr. Reddy’s Laboratories Ltd posted an about 19 percent fall in quarterly net profit, missing estimates, hurt by headwinds in the U.S. market. Profit for the quarter ended March 31 came in at 2.72 billion rupees ($39.98 million) versus 3.38 billion rupees a year earlier, the company said here Analysts on average estimated a profit of 3.59 billion rupees, according to Thomson Reuters data. Net sales fell slightly to 34.46 billion rupees. ($1 = 68.0400 Indian rupees) (Reporting by Arnab Paul in Bengaluru; Editing by Biju Dwarakanath) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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News
- Indian shares set to open lower on fading US rate cut hopes [Reuters]Reuters
- Dr. Reddy's Laboratories Limited (NYSE: RDY) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
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- Junshi Biosciences Announces 2023 Full Year Financial Results and Provides Corporate Updates [Financial Post (Toronto, Ontario, Canada)]Financial Post
RDY
Earnings
- 1/31/24 - Beat
RDY
Sec Filings
- 4/18/24 - Form 6-K
- 4/15/24 - Form 6-K
- 4/10/24 - Form 6-K
- RDY's page on the SEC website