Dr Reddy’s profit down 14% on low Lenalidomide US sales

In the October to December period of FY26, DRL recorded a 12 per cent Y-o-Y drop in revenue from North America to Rs 2,964 crore from Rs 3,383 crore due to continued price erosion in Lenalidomide. Photograph: Reuters In contrast,

Auto, ancillary sectors to see strong earnings momentum

The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment. Photograph: Adnan Abidi/Reuters Brokerages

Infosys Q3: Higher growth guidance drives IT stocks

Shares of information technology (IT) companies were in demand  on Friday, with the National Stock Exchange’s (NSE’s) Nifty IT index rallying 3.3 per cent. Photograph: Vivek Prakash/Reuters This came after Infosys reported steady sequential growth, driven by health care boost

Infosys takes Rs 1,289 cr hit on new labour codes in Q3FY26

Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India’s second-largest IT services firm announced its December quarter earnings. Kindly note the image has

Q3FY26 results preview: IT companies’ growth likely to remain muted

With discretionary spending still under pressure, the information technology (IT) services industry continued to face an uncertain demand environment in the third quarter of 2025-26 (Q3FY26). Illustration: Dominic Xavier/Rediff This may nudge companies to rely on cost-takeout and efficiency-led programmes