DR REDDY'S LABORATORIES
Article Abstract:
In the 6 months ended September 1998, the sales of Dr Reddy's Laboratories Ltd were Rs223.74 crore. Its net profit was Rs38.79 crore. It is expected to make a net profit of Rs65 crore on total sales of Rs387 crore in the whole of 1998-99. It proposes to invest $8.86 million in 1998-99 on capital expenditure, brand acquisitions and research and development. Dr Reddy's Laboratories Ltd is an integrated pharmaceutical company with a presence in bulk drugs, finished dosage forms, diagnostics and biotechnology. Its product portfolio consists of around 20 bulk drugs and 54 formulations. Dr Reddy's Laboratories Ltd exports its products to 28 countries. It has acquired 5 brands from Dolphin Labs Ltd, which are expected to contribute about Rs25 crore in 1998-99. It has suspended its exports to Russia since August 1998 due to the political and economic crisis in that country. During April-July 1998, it exported drugs worth Rs27.4 crore. (tsm)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
CORPORATE FORECAST: NOVARTIS
Article Abstract:
Research houses have predicted an increase of 17 percent in the consensus net profit of Novartis India for 1998-99 against its net profit of Rs48.57 crore in 1997-98. HSBC Securities has predicted that the company will give an earnings per share (EPS) of Rs18 in 1998-99 while Prime Broking has forecast an EPS of Rs17.8. SG Securities Asia has predicted an EPS of Rs14 for the company in 1998-99. (khr)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: KAJARIA CERAMICS LIMITED DR REDDY'S LABORATORIES LIMITED
- Abstracts: STATE BANK OF INDIA: VENTURING INTO NEW AREAS CORPORATE FORECAST: SBI
- Abstracts: AP POULTRY INDUSTRY EGGED ON TO TARGET EXPORT MARKET. CORPORATES LIFT UP MUMBAI REAL ESTATE
- Abstracts: DRINK DEEPLY, AND MAKE A PLAN. ATRIA POWER FIRMING UP EQUITY PARTNERS
- Abstracts: L&T SEES NEW THRUST AREAS MCDONALD'S CLARIFIES IT IS NOT WINDING UP ARM