12:54:20 PM IST, 23 Jan 2025
DRL Q3 Results Live Updates: Earnings outlook by Nuvama
We expect Dr. Reddy’s revenue and EBITDA to grow by 17% and 13% YoY, respectively, with EBITDA margins reaching 27.5% for Q3FY25, supported by gRevlimid. We project US revenue at $427 million, driven by strong contributions from gRevlimid.
For the Indian business, we anticipate a 19% YoY growth, with an 11% YoY organic growth and a Rs 90 crore contribution from the vaccine business. We also expect improvement in China and Brazil, leading to growth in the Rest of the World (RoW) markets, as well as growth in Russia.