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Revlimid overdose boosts Dr Reddy's Q3 earnings, but turns brokerages cautious - Vimarsana News

Revlimid overdose boosts Dr Reddy's Q3 earnings, but turns brokerages cautious

While Dr Reddy's recorded its highest-ever quarterly revenue in Q3, most of the growth was fueled by a higher-than-expected contribution from cancer drug Revlimid while the base US and India business delivered a subpar performance.

Dr Reddy's Labs Q3 Preview: Revenue, net profit to record tepid growth on lag in domestic sales - Vimarsana News

Dr Reddy's Labs Q3 Preview: Revenue, net profit to record tepid growth on lag in domestic sales

Brokerages believe that DRL's commentary on its US base business and margin trend will remain the key monitorable, especially when the contribution from the generic cancer drug Revlimid is expected to gradually taper off through the coming fiscal.