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HomeNewsBusinessEarningsDr Reddy's Labs PAT likely to soar 55.5% in Q3

Dr Reddy's Labs PAT likely to soar 55.5% in Q3

Pharmaceutial firm Dr Reddy's Laboratories is expected to report a profit after tax of Rs 425 crore in the third quarter of FY12, a massive growth of 55.5% as compared to Rs 273 crore in a year ago quarter.

February 03, 2012 / 11:56 IST
     
     
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    Pharmaceutial firm Dr Reddy's Laboratories is expected to report a profit after tax of Rs 425 crore in the third quarter of FY12, a massive growth of 55.5% as compared to Rs 273 crore in a year ago quarter.


    Revenues are seen going up by 35% to Rs 2,562 crore from Rs 1,899 crore year-on-year.


    EBITDA is likely to go up by 103% to Rs 596 crore versus Rs 293.4 cr during the same period.


    Operating profit margin is expected to be improving at 23% versus 15.5% year-on-year and 16.5% quarter-on-quarter.


    On quarter-on-quarter basis, revenues are seen going up by 13% and EBITDA by 59%. Profit after tax is likely to shot up 38%.

    Watch out for:


    - US business driven by exclusivity will be a key growth driver, hence ripple effect on margins & bottomline


    - DRL launched Zyprexa generic with 180 day exclusivity
    first published: Feb 3, 2012 10:05 am

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