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Dr Reddy's slips into red, posts Rs 233 cr Q3 loss

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:31 AM IST

Dr Reddy's Laboratories has reported a net loss of Rs 233 crore in the quarter ended December 2009 as against a profit of Rs 192.4 crore in the same period last year, on consolidated basis.

The company's total income has decreased 4.99 per cent to Rs 1,767 crore in the quarter under review from Rs 1,855.28 crore in the same quarter last year.

Net sales declined to Rs 1,730 crore from Rs 1,840 crore.

However, on standalone basis, the company has reported a net profit of Rs 168.42 crore for the quarter ended December 31, 2009 as compared to Rs 103.67 crore for the quarter ended December 31, 2008.

Total Income has increased to Rs 1,086.38 crore in the reporting quarter from Rs 1,058.52 crore in the same quarter a year ago.

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First Published: Jan 20 2010 | 2:27 PM IST

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