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Dr Reddy's Q3 net zooms 200% to Rs 188cr

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Our Web Bureau Mumbai
Dr Reddy's Q3 net zooms 200% to Rs 188cr
Our Web Bureau / Mumbai January 22, 2007
Dr Reddys Laboratories (DRL) today reported a 200% increase in consolidated net profit at Rs 187.94 crore for the third quarter ended December 31, 2006 under US GAAP as against Rs 62.83 crore in Q3FY06.

According to a release issued by the company to the BSE today, total income moved up 160% to Rs 1,543.42 crore from Rs 592.63 crore in Q3FY06.

Satish Reddy, vice chairman, Dr. Reddy's Labs, said international revenue zoomed over 200% in Q3FY07.

G V Prasad, CEO, Dr. Reddy's Labs, said: "Fiscal 2007 has been a truly extraordinary year for Dr. Reddy

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First Published: Jan 22 2007 | 6:55 PM IST

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