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Dr Reddy's Laboratories shared the details of its earnings call for the second quarter of 2027.

ResultsRead the original at Benzinga
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Dr Reddy's reported lower total sales and gross profit margin than a year earlier, mainly due to lower lenalidomide sales. Its underlying base business grew by double digits, leaving the quarter with mixed results rather than a clear change in outlook.

RDY · Dr Reddy's Laboratories

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The AI's read

The decline came mainly from lower lenalidomide sales, while the underlying base business grew by double digits. Gross profit margin also fell from a year earlier, even as it improved from the prior quarter. New launches and a planned semaglutide relaunch may support later growth, but they do not erase the mixed results from this quarter.

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