Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript - Thomson StreetEvents

Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript

Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript - Thomson StreetEvents
Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript
Published Jul 26, 2023
18 pages (10283 words) — Published Jul 26, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of REDY.NS earnings conference call or presentation 26-Jul-23 2:00pm GMT

  
Brief Excerpt:

...Thank you, Richa. Greetings to everyone, and a warm welcome to our Q1 FY 2024 earnings call. We had a strong start to the year with robust sales and record profitability. I'll start today with an overview of our financials for the quarter. For this section, all the amounts are translated into U.S. dollar at a convenient translation rate of INR 82.06, which is the rate as of 30th June 2023. Consolidated revenues for the quarter stood at INR 6,738 crores, that is USD 821 million and grew by 29% on year-on-year basis and by 7% on a sequential quarter basis. Adjusted for brand divestment income on a rebase comparator, the underlying growth was higher at 35% on Y-o-Y basis and 12% sequentially. The growth was driven by the generics business mainly in U.S., Emerging Markets and Europe. Excluding the one-off gains from brand divestment, loss of revenue from divested portfolio and NLEM related price reduction, India business registered a high single-digit growth. Consolidated gross profit margin...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Dr Reddy's Laboratories Ltd
Ticker
REDY.NS
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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Dr Reddy's Laboratories Ltd Q3 2025 Earnings Call Transcript – 2025-01-23 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 23-Jan-25 2:00pm GMT

Half Year 2025 Dr Reddy's Laboratories Ltd Earnings Call Transcript – 2024-11-05 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 5-Nov-24 2:00pm GMT

Dr Reddy's Laboratories Ltd to Discuss Acquisition of Nicotinell Call Transcript – 2024-06-26 – US$ 54.00 – Edited Transcript of REDY.NS M&A conference call or presentation 26-Jun-24 1:30pm GMT

Dr Reddy's Laboratories Ltd Q3 2024 Earnings Call Transcript – 2024-01-30 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 30-Jan-24 2:00pm GMT

Half Year 2024 Dr Reddy's Laboratories Ltd Earnings Call Transcript – 2023-10-27 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 27-Oct-23 2:00pm GMT

Dr Reddy's Laboratories Ltd Q4 2023 Earnings Call Transcript – 2023-05-10 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 10-May-23 2:00pm GMT

Dr Reddy's Laboratories Ltd Q3 2023 Earnings Call Transcript – 2023-01-25 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 25-Jan-23 1:30pm GMT

Dr Reddy's Laboratories Ltd Q2 2023 Earnings Call Transcript – 2022-10-28 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 28-Oct-22 1:00pm GMT

Dr Reddy's Laboratories Ltd Q1 2023 Earnings Call Transcript – 2022-07-28 – US$ 54.00 – Edited Transcript of REDY.NS earnings conference call or presentation 28-Jul-22 1:00pm GMT

Dr Reddy's Laboratories Ltd Investor Day Transcript – 2022-06-21 – US$ 54.00 – Edited Transcript of REDY.NS corporate analyst meeting</ 21-Jun-22 11:30am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript" Jul 26, 2023. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Dr-Reddy-s-Laboratories-Ltd-Earnings-Call-T15662140>
  
APA:
Thomson StreetEvents. (2023). Dr Reddy's Laboratories Ltd Q1 2024 Earnings Call Transcript Jul 26, 2023. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Dr-Reddy-s-Laboratories-Ltd-Earnings-Call-T15662140>
  
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