Dr Reddy's lines up Rs 1,000 crore capex for current fiscal year
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Last Updated: May 24, 2021, 01:04 PM IST
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The company remains positive about sustaining its growth trends in the current fiscal and beyond, as per a top company official.
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NEW DELHI: Drug major Dr Reddy's Laboratories has earmarked a Capex of around Rs 1,000 crore for the current fiscal as it remains positive about sustaining its growth trends in the current fiscal and beyond, as per a top company official.
The Hyderabad based firm invested about Rs 1,000 crore in the 2020-21 fiscal.
"The Capex will be around the same numbers, maybe a bit higher if everything goes through," Dr Reddy's Laboratories CEO Erez Israeli said in an analyst call.