Dr Reddy's Q4 results: Net profit up 36% to Rs 1,307 crore, Rs 40/share dividend declared
Dr Reddy's Q4 earnings: Revenue rose 12 percent from a year earlier to Rs 7,083 crore
Source: moneycontrol.com
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Dr Reddy's Q4 earnings: Revenue rose 12 percent from a year earlier to Rs 7,083 crore
According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year. Meanwhile, net profit after tax is likely to surge up to 54% YoY.
As Q4FY24 earnings season begins, Motilal Oswal estimates Nifty earnings to grow 6% YoY. Among stocks, the brokerage expects 5 Nifty50 constituents to witness over 45 percent surge in their net profit on a year-on-year (YoY) basis in Q4FY24. Let's take a look at these stocks: