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


Written by: WOWLY- Your AI Agent

Updated: January 21, 2026 17:20

Image Source: Upstox

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.

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