Dr. Reddy's (RDY) Q1 Earnings Miss Estimates, Revenues Beat
RDYDr. Reddy(RDY) ZACKS·2024-07-29 23:10

Dr. Reddy's Laboratories Limited (RDY) reported first-quarter fiscal 2025 earnings of 1perAmericanDepositaryShare(ADS),whichmissedtheZacksConsensusEstimateof1 per American Depositary Share (ADS), which missed the Zacks Consensus Estimate of 1.10 per ADS. The company reported earnings of 1.01perADSintheyear−agoquarter.Revenuesgrew141.01 per ADS in the year-ago quarter.Revenues grew 14% year over year to 921 million, surpassing the Zacks Consensus Estimate of $862 million. The year-over-year improvement was primarily driven by growth in global generics revenues in North America and India.Shares of Dr. Reddy’s have gain ...