business
Dr. Reddy's Q1 profit drops 69% to ₹435.6 crore on lower sales
Archived — last updated
Dr. Reddy's Laboratories reported a 69% year-on-year decline in Q1 FY27 net profit to ₹435.6 crore due to lower sales of its cancer drug lenalidomide and a ₹239.7 crore provision for quality issues around its weight-loss drug Semaglutide.
Latest updates
Dr. Reddy's Q1 profit drops 69% to ₹435.6 crore on lower sales
Dr. Reddy's Laboratories reported a 69% year-on-year decline in consolidated net profit to ₹435.6 crore for Q1 FY27, down from ₹1,417.8 crore in the same period last year. The drop was attributed to lower sales of its cancer drug lenalidomide and a ₹239.7 crore provision following quality issues around its weight-loss drug Semaglutide. Total revenue from operations stood at ₹8,099.8 crore, reflecting a decline in generic drug sales. The company's shares are likely to face scrutiny as investors assess the impact of these challenges on its financial performance.
Dr Reddy's Q1 net profit falls 69% to Rs 443 crore on semaglutide inventory costs
Dr Reddy's Q1 net profit falls 69% to Rs 443 crore on semaglutide inventory costs Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News. Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.
JSW Energy Q1 results: Profit falls 37% to ₹471 crore, revenue stays flat
Nestlé India Share Price jumps 1% after Q1 FY27 Results: Net Profit Jumps 48%, Revenue Rises 25% Dr Reddy Q1 Net Profit Falls To Rs Crore On Semaglutide Inventory Costs.
Adani Green Q1 results: Profit up 19% at ₹845 cr as power revenue grows 29%
Power-supply revenue grew 29.2 per cent to ₹4,280 crore, while core Ebitda rose 32.6 per cent and operational renewable capacity crossed 20 GW.
Paytm Q1 Results: Profit soars 79% YoY to Rs 220 crore; board decides not to go with bonus proposal
Paytm Q1 Results: Profit soars 79% YoY to Rs 220 crore; board decides not to go with bonus proposal.
Paytm Q1 Results: Profit soars 79% YoY to Rs 220 crore; board decides not to go with bonus proposal
Paytm Q1 Results: Profit soars 79% YoY to Rs 220 crore; board decides not to go with bonus proposal Paytm's net profit surged seventy-nine percent year-on-year to two hundred twenty crore rupees. The company's board decided against a bonus issue at this time. They will continue focusing on compounding growth and profitability for shareholders. This decision aims to enhance long-term shareholder value creation. The company emphasized its commitment to sustained financial performance. Home News & Updates Paytm Q1 Results: Profit soars 79% YoY to Rs 220 crore; board decides not to go wi.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Related stories
Latin American banana producers seek higher pay amid climate crisis
Banana producers in Latin America are calling for better pay to help cope with the impact of the climate crisis, as they face big drops in
Democratic midterm sweep threatens Trump tariffs and AI expansion
Democrats won U.S. House and Senate, threatening Trump's tariffs and AI plans
EU considers acting on Russia shadow fleet sanctions without US support
Since Russia's full-scale invasion of Ukraine , Moscow has increasingly relied on a so-called shadow fleet to bypass Western sanctions and