Dr. Reddy's Lab - Significant Growth In Overall Performance: Dolat Capital

Dr. Reddy has diversified its offerings to patients by venturing in new areas

An R&D facility of Dr. Reddy's. (Source: Company website)

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Dolat Capital Report

Dr. Reddy’s Laboratories Ltd.'s FY24 annual report analysis suggests significant growth in overall performance. Consolidated revenue from operations increased by 13.5% to Rs 280.1 billion from Rs 246.7 billion in FY23.

Ebitda also increased substantially by 23.6% to Rs 79.3 billion from Rs 64.2 billion in FY23, while profit after tax came in at Rs 55.7 billion from Rs 45.1 billion in FY23. While the company operates across multiple businesses including API s, generics, branded generics, biosimilars and over -the -counter pharma products around the world , growth will be driven by-

  1. investments in consumer health,

  2. digital health solutions, and

  3. access to novel molecules.

Click on the attachment to read the full report:

Dolat Capital Dr. Reddys Laboratories_ARA_FY24.pdf
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