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Dr Reddy’s Laboratories Q2 FY10 : Net Zooms 2.77 times

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Dr Reddy’s Laboratories has achieved a significant zoom in profit and posted a net profit of Rs 239.85 crore in the Q2 of the current fiscal (FY10). This is almost a 2.77 times jump over the same period last year.The company had recorded a net profit of Rs 86.64 crore in the corresponding quarter of the last fiscal (FY09).

The company informed the market that total income of the company increased 15.81% to Rs 1887.25 crore for the current quarter of FY10.

Dr Reddy’s Laboratories share’s CMP is Rs 960.20 on 23rd Oct 09.

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