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Dr Reddy's Lab Q3 net profit dips 16% to Rs 492 cr

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Press Trust of India Hyderabad
Dr Reddy's Laboratories today reported 15.94 per cent decline in consolidated net profit at Rs 492.3 crore for the third quarter ended December 31, 2016.

The Hyderabad-based firm had posted a net profit of Rs 585.7 crore in the year-ago period, it said in a BSE filing.

Net sales of the company declined to Rs 3,653.4 crore from Rs 3,910 crore during the same period last fiscal, Dr Reddy's Laboratories said.

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First Published: Feb 04 2017 | 3:22 PM IST

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