Doctor Reddy's: Fiscal Q4 Earnings Snapshot
The Hyderabad, India-based company said it had net income of 22 cents per share.
The pharmaceutical posted revenue of $996 million in the period.
For the year, the company reported profit of $662 million, or 79 cents per share. Revenue was reported as $3.81 billion.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
11 minutes ago
- CNBC
Asia markets set to open mixed as investors await key economic data in the region
Asia-Pacific markets are expected to trade mixed as investors await a slate of Chinese economic data later in the day, as well as Japan's second-quarter GDP. Happy Friday from Singapore. Asia markets are set for a mixed open. Australia's S&P/ASX 200 was set to start the day marginally lower with futures tied to the benchmark at 8,838, compared with the index's last close of 8.873.8. Japan's Nikkei 225 was set to open higher, with the futures contract in Chicago at 42,795, while its counterpart in Osaka last traded at 42,770, against the index's last close of 42,649.26. Futures for Hong Kong's Hang Seng index stood at 25,316, pointing to a weaker open compared with the HSI's last close of 25,519.32. South Korean markets were closed for a holiday. — Lee Ying Shan The S&P 500 ticked higher on Thursday to eke out its third record close in a row. The benchmark added 0.03%, closing at 6,468.54. The Nasdaq Composite slipped 0.01%, finishing at 21,710.67. The Dow Jones Industrial Average shed 11.01 points, or 0.02%, and settled at 44,911.26. — Lisa Kailai Han In a Thursday interview with CNBC, economist Marc Sumerlin confirmed that he's in the running to be the next Federal Reserve chair. "I got a call last Wednesday that said there was going to be a list [and] I was going to be on it. That's as much as I know right now," he said. "I'm waiting for more guidance on where we go from here." Sumerlin also voiced his support for a big interest rate cut. The former senior economist under then-President George W. Bush said that a 50 basis-point rate cut "seems like pretty much a no-brainer to me." One basis point equals 0.01%, so a 50 basis-point cut would be half a percentage point. — Jeff Cox, Lisa Kailai Han Equities may have further upside from here, but investors should still be mindful of elevated volatility going forward, according to UBS. "While the VIX index of implied stock volatility has fallen to the lowest level since December last year, market swings could pick up quickly if trade tensions escalate significantly, economic data weakens faster than expected, or if geopolitical risks worsen," the bank wrote in a Wednesday note to clients. "Investors who are already allocated to equities in line with their strategic benchmarks should consider structured strategies with capital preservation features, while those underallocated should prepare to add exposure on potential market dips or consider a disciplined approach to phasing into stocks." UBS added that a "well-diversified portfolio" is suited for helping investors hedge against volatility while also setting them up for future gains. — Lisa Kailai Han
Yahoo
23 minutes ago
- Yahoo
Importers struggle to resell Canadian canola meal caught in China tariff crossfire
By Naveen Thukral SINGAPORE (Reuters) -Importers are struggling to resell several cargoes of Canadian canola meal that arrived in China after Beijing imposed hefty import tariffs on the protein-rich ingredient, three trade sources said. Up to 400,000 metric tons of canola meal, used mainly in animal feed, is sitting in secure warehouses near Chinese ports, with importers facing a 100% duty if they release the cargoes for sale in the domestic market. "It is not viable to pay the duty, so we are looking at the possibility of re-selling it to other markets, maybe to feed-makers in Southeast Asia or South Korea," said an executive with a trading company that is one of the importers of canola meal. "But it will have to be at a discount," the person said, declining to be named as they were not authorised to speak to media. Traders said the canola meal was being offered at a discount of about 30%. The stuck cargoes underscore the struggles of agricultural companies caught in the middle of trade standoffs, at a time when Washington and Beijing's tariff war has disrupted trade in farm products including soybeans. China on Tuesday announced a preliminary anti-dumping levy of 75.8% on imports of canola oilseed from Canada, escalating a year-long trade dispute that began last August with Ottawa's tariffs on Chinese electric vehicle imports. In March, China imposed a 100% tariff on Canadian rapeseed oil, oil cakes and pea imports. "These measures show how the Chinese government is super angry with the Canadian government," said a trader at a company which runs oilseed processing plants in China. "They suddenly increased the duty to 100% on canola meal, which was not expected." Two of the traders estimated the stranded canola meal volumes at 400,000 tons, while one trader said it was around 200,000 tons. At 400,000 tons, the value of canola meal stuck at Chinese ports is worth around $120 million, traders said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
39 minutes ago
- Yahoo
Adcore Inc (ADCOF) Q2 2025 Earnings Call Highlights: Strong APAC Growth and Improved Margins ...
Release Date: August 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Adcore Inc (ADCOF) reported a 35% surge in APAC revenue, indicating strong regional performance. Gross profit improved by 6% year-on-year, reaching 3.1 million CAD in Q2 2025. Gross margins increased to 47% in Q2 2025 from 44% in Q2 2024, showcasing improved efficiency. The company's cash position grew by 23% year-over-year, reaching 9 million CAD. Adcore Inc (ADCOF) achieved a positive adjusted EBITDA of 156,000 CAD, a significant improvement from a loss in the previous year. Negative Points Overall revenue slightly decreased by 1% year-on-year, from 6.6 million CAD to 6.5 million CAD. Revenue in North America decreased by 43%, indicating challenges in that region. The company experienced a net loss of 0.4 million CAD, although reduced from the previous year. Working capital decreased by 14% from December 2024 to June 2025. Despite improvements, the stock price remains low at $0.26, with management believing there is a disconnect between stock price and company valuation. Q & A Highlights Warning! GuruFocus has detected 4 Warning Signs with ADCOF. Q: Can we expect the strong growth in the APAC region to continue, and what's driving this performance? A: The growth in the APAC region is driven by new client acquisitions and increasing SaaS revenue from our Media Blast app. We expect this positive trend to continue throughout 2025. Unidentified_2 Q: How did Adcore achieve a gross margin of 47% in Q2, and is this sustainable? A: The increase in gross margin is due to higher SaaS revenues and improved efficiency through AI implementation. Unidentified_12 Q: Is Adcore leveraging new AI tools like Google's AI Max to gain market share? A: Yes, Adcore is at the forefront of AI innovation, using tools like Google's AI Max to enhance our services. This positions us as a leader in AI-driven transformation, attracting new clients and business opportunities. Unidentified_2 Q: How is AI impacting Adcore's operations and financial performance? A: AI is deeply integrated into our operations, improving efficiency and reducing costs. It allows us to accomplish more with fewer resources, enhancing our business processes and financial outcomes. Unidentified_2 Q: Does Adcore plan to open new offices, particularly in South America? A: Currently, there are no plans to open new offices. We are focusing on remote work to reduce costs while maintaining efficiency. Unidentified_2 For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
