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BRIEF-India's Dr.Reddy's Laboratories March-qtr consol profit rises about three-fold
May 12, 2017 / 7:57 AM / 7 months ago

BRIEF-India's Dr.Reddy's Laboratories March-qtr consol profit rises about three-fold

May 12 (Reuters) - Dr.Reddy’s Laboratories Ltd

* Consol March quarter net profit 3.38 billion rupees

* Consensus forecast for March quarter consol profit was 4.27 billion rupees

* Consol March quarter net sales 34.99 billion rupees

* Consol net profit in March quarter last year was 1.23 billion rupees as per Ind-AS; net sales 36.95 billion rupees

* Recommended final dividend of 20 rupees per share

* Says “FY17 has been a challenging year due to lack of new product approvals for US market” Source text for Eikon: Further company coverage:

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