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Dr. Reddy’s Laboratories (DRREDDY) Q2 20/21 earnings summary

Event summary combining transcript, slides, and related documents.

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Q2 20/21 earnings summary

23 Oct, 2026

Executive summary

  • Highest-ever quarterly sales of Rs. 4,897 cr, with healthy EBITDA margins; reported sales grew 2% YoY and 11% QoQ.

  • Excluding Rs. 723 cr of proprietary-products out-licensing income in Q2 FY20, sales growth was 20% YoY.

Financial highlights

  • EBITDA was Rs. 1,267 cr, down 12% YoY and up 9% QoQ; PBT was Rs. 862 cr, up 12% YoY and down 2% QoQ.

  • PAT was Rs. 762 cr, down 30% YoY and up 32% QoQ.

Outlook and guidance

  • Priorities include uninterrupted operations during COVID-19, COVID-19 treatment development and launches, market-leading growth, a stronger product pipeline, productivity, innovation, digitalization and strategic execution.

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