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via thehindubusinessline.comBusiness & Companies

Dr Reddy's Q2 net profit falls 36% to Rs 925 crore

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Revenue dips 1.5%; results hit by ₹239 crore provision related to Semaglutide API

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA quarterly profit drop caused by a semaglutide API provision weighs on results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Revenue dipped 1.5%.
  2. 02Results were hit by a Rs 239 crore provision related to Semaglutide API.
  3. 03Q2 net profit fell 36% to Rs 925 crore.

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