Dr Reddy's posts double-digit revenue growth for quarter and year
Indian pharma company Dr Reddy’s (NYSE: RDY) has announced its financial results for the fourth quarter and full year to March 31, 2015.
For the quarter, consolidated revenues were 38.7 billion rupees ($605 million), representing a growth of 11% on the same quarter last year. Revenue for the full year stood at 148.2 billion rupees, a year-on-year growth of 12%.
After tax, the quarter’s profit was 5.2 billion rupees, which is 13% of revenues, while for the year the figure grew 3% year-on-year to 22.2 billion rupees.
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