DR Reddy Labs
DR Reddy Labs
DR Reddy Labs
Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23
Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23
Management Commentary
“Our strong overall performance in Q1 amidst an uncertain economic environment is a testament to our innate
resilience as an organization, our industry-leading digital capabilities and continued client relevance. We
continue to gain market share and see a significant pipeline driven by our Cobalt cloud capabilities and
differentiated digital value proposition. We are investing in rapid talent expansion while ensuring rewarding
careers for our employees to serve evolving market opportunities better. This has resulted in a strong
performance in Q1 and increase in FY 23 revenue guidance to 14%-16%”
”We are fueling the strong growth momentum with strategic investments in talent through hiring and
competitive compensation revisions. While this will impact margins in the immediate term, it is expected to
reduce attrition levels and position us well for future growth. We continue to optimize various cost levers to
drive efficiency in operations”
11,000
Low
20,172.45 6,000