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Dr Reddy's net profit plummets 62.74% to Rup 389.3 M for 2Q 2004-2005.

Asia Africa Intelligence Wire

| October 27, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Business Line)

Dr Reddy's Laboratories Ltd (Dr Reddy's) posted a 62.74% lower net profit at Rup 389.3 M on a turnover of Rup 4535.1 M for 2Q ended Sep 2004 (net profit of Rup 1045.1 M on a turnover of Rup 4721.8 M in 2Q ended Sep 2003), as per Indian GAAP financials. The company derived revenues of Rup 1786.3 M from active pharmaceutical ingredients and intermediates, Rup 601.6 M from generics and Rup 200,000 from drug discovery for 2Q 2004-2005 (revenues of Rup 2088 M form active pharmaceutical ingredients and intermediates, Rup 625.4 M from generics and Rup …

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