Dr Reddy’s net profit beats estimates despite 14% dip, set for India semaglutide launch

The firm’s revenue grew nearly 4.4% year-on-year but declined marginally sequentially by 0.9%, while its profit after tax was down 14% year-on-year and 16% quarter-on-quarter, as product-specific headwinds persisted.

Dr Reddy’s net profit beats estimates despite 14% dip, set for India semaglutide launch
The firm’s revenue grew nearly 4.4% year-on-year but declined marginally sequentially by 0.9%, while its profit after tax was down 14% year-on-year and 16% quarter-on-quarter, as product-specific headwinds persisted.

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