Dr. Reddy's Laboratories Limited (NYSE:RDY) Q1 2025 Earnings Conference Call July 27, 2024 7:00 AM ET

Company Participants

Richa Periwal - Head of Investor Relations
Parag Agarwal - Chief Financial Officer
Erez Israeli - Chief Executive Officer
MV Narasimham - Deputy Chief Financial Officer

Conference Call Participants

Kunal Dhamesha - Macquarie Capital Securities
Neha Manpuria - Bank of America Merrill Lynch
Amey Chalke - JM Financial
Damayanti Kerai - HSBC
Tushar Manudhane - Motilal Oswal Financial Services
Surya Patra - PhillipCapital India Private Limited
Shyam Srinivasan - Goldman Sachs
Abdulkader Puranwala - ICICI Securities
Jainil Shah - JM Financial

Operator

Ladies and gentlemen, good day and welcome to Q1 FY '25 Earnings Conference Call of Dr. Reddy's Laboratories Limited. [Operator Instructions] Please note that this conference is being recorded.

I now hand the conference over to Mr. Richa Periwal. Thank you and over to you.

Richa Periwal

Thank you. A very good morning and good evening to all of you and thank you for joining us today for the Dr. Reddy's Q1 FY '25 Earnings Conference Call. We have with us the leadership team of Dr. Reddy's comprising Mr. Erez Israeli, our CEO; Mr. Parag Agarwal, our CFO; Mr. MV Narasimham, our Deputy CFO; MV Ramana, our CEO for Branded Markets; and the entire Investor Relations team.

Earlier during the day, we have released our results and the same is also posted on our website. We begin the call with opening remarks from the management, following which we'll have the forum open for Q&A session. Please note that today's call is a copyrighted material of Dr. Reddy's and cannot be rebroadcasted or attributed in press or media outlet without the company's expressed written consent. This call is being recorded and the playback and transcript shall be made available on our website soon. All the discussions and analysis of this call will be based on the IFRS consolidated financial statement. The discussion today contains certain non-GAAP financial measures. For a reconciliation of GAAP to non-GAAP measures, please refer to our press release.

Before I proceed with the call, I'd like to remind everyone that the Safe Harbor contained in today's press release also pertains to this conference call.

Now, I hand over the call to Parag.

Parag Agarwal

Thank you, Richa and greetings to everyone. Thank you for joining the call today. I hope you have received a copy of our earnings release documents and press presentation uploaded on our website. It's my pleasure to present results for the first quarter of 2025. We recorded a steady performance during Q1 FY '25 with a double-digit revenue growth and stable EBITDA margins and return on capital employed.