Dr. Reddy’s Beats Street Estimates Despite Labour Code Charge in Q3 FY26

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

Dr. Reddy’s Laboratories reported consolidated revenue of ₹87.53 billion in Q3 FY26, surpassing IBES estimates of ₹83.81 billion. Net profit stood at ₹12.1 billion, ahead of the expected ₹10.7 billion, despite a one-time charge of ₹1.17 billion related to labour codes. Strong operational performance drove the earnings beat.