*Dr. Reddy's Laboratories Ltd.* | *CMP* Rs. 4317 | *M Cap* Rs. 71831 Cr | *52 W H/L* 5650/4135
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Revenue from Operations came at Rs. 5319.7 Cr (-7.7% QoQ, 7.9% YoY) vs expectation of Rs. 5444.8 Cr, QoQ Rs. 5763.2 Cr, YoY Rs. 4929.6 Cr
EBIDTA came at Rs. 1201.8 Cr (-10% QoQ, 6.7% YoY) vs expectation of Rs. 1220 Cr, QoQ Rs. 1335.7 Cr, YoY Rs. 1126 Cr
EBITDA Margin came at 22.6% vs expectation of 22.4%, QoQ 23.2%, YoY 22.8%
Adj. PAT came at Rs. 706.5 Cr vs expectation of Rs. 738.6 Cr, QoQ Rs. 1268.1 Cr, YoY Rs. -58.3 Cr
Quarter EPS is Rs. 42.5
Stock is trading at P/E of 20x FY23E EPS