BUZZ-PREVIEW-Analysts expect Dr Reddy's to post first profit drop in five quarters

Reuters
2026.01.21 04:01
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Analysts predict Dr Reddy's will report a 23% year-on-year decline in Q3 profit to 10.89 billion rupees, marking the first profit drop in five quarters. Revenue is expected to rise slightly by 0.4% to 84.17 billion rupees. The decline is attributed to reduced contributions from Lenalidomide and weak pricing in the generics market. Investors are keen on updates regarding the launch of a generic version of Semaglutide. The company's stock fell 8.4% in 2025, compared to a 3% drop in the Pharma index.