Dr Reddys Laboratories Q2 Results: Profit Falls by 15.28% YoY
Wed, Nov 6, 2024 12:12 PM

Dr Reddys Laboratories Q2 Results: Profit Falls by 15.28% YoY

A Flip by Avya Verma
Get it on Google Play
Dr Reddys Laboratories Q2 Results : Dr Reddys Laboratories announced its Q2 results on November 5, 2024, revealing a mixed performance. The company’s topline saw a significant increase of 16.45% year-over-year, yet profit fell by 15.28%, indicating challenges in maintaining profitability despite higher revenues. In comparison to the previous quarter, revenue grew by 4.45%.

More great flips

Sagility India IPO subscribed 39% so far

Sagility India IPO subscribed 39% so far

On Tuesday’s first day of bidding, Sagility India Ltd., a supplier of technology-enabled healthcare services, earned a 0.23 times subscription for its initial public offering (IPO). November 7 is the last day of the Rs 2,106.6-crore IPO, with a price range of Rs 28 to Rs 30 per share. The IPO received a 0.39 times subscription up until 13:49 pm on Wednesday, the second day of bidding.

Open Flip
Mexico's peso slumps to two-year low as markets tilt towards Trump win

Mexico's peso slumps to two-year low as markets tilt towards Trump win

Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than 3% weaker than its previous close.

Open Flip
Kanpur falls behind in smart city rank, relegates to B category

Kanpur falls behind in smart city rank, relegates to B category

Kanpur ranks low in Smart City Mission with 8/10 marks due to project delays, relegating it to Category B; 68 of 72 projects are complete, but others like the Chunniganj convention center and multi-level parking remain unfinished due to pending NOCs, with authorities warning of adverse entries for non-compliance.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon