Dr Reddys Laboratories500124Audit report shared

Auditor's limited review reports with UDIN on Q2 and H1 results

Dr. Reddy's has enclosed the limited review reports of its statutory auditors on the unaudited results for the quarter and half year ended September 30, 2026.

By ScoutQuest · Fri 23 Oct 2026, 10:31 PM IST · 2 min read

Statutory auditor: Deloitte Haskins & Sells LLP
Period reviewed: quarter and half year ended September 30, 2026
Review conclusion: nothing came to its attention suggesting any material misstatement; consolidated and standalone results reviewed

What the company shared

The update encloses the Limited Review Reports of the statutory auditors on the unaudited financial results for the quarter and half year ended September 30, 2026. It also carries the Unique Document Identification Number (UDIN) attached to those reports.

What a limited review is

A review is narrower in scope than a full audit.
It mainly involves asking the company's finance team questions and running analytical checks on the numbers.
Because it is not an audit, the auditor does not give an audit opinion on these interim figures.

The auditor and the scope

The reports are signed by Deloitte Haskins & Sells LLP. Two separate reports are included, one on the consolidated results and one on the standalone results. The consolidated statement covers the company together with its subsidiaries, and the company's share of profit or loss of its associates and joint ventures.

What the auditor concluded

In both reports the auditor states that, based on the review, nothing has come to its attention that causes it to believe that the statements have not disclosed the information required, or that they contain any material misstatement. That is an unmodified (clean) conclusion, which is the best outcome a limited review can produce.

Why the UDIN is included

The UDIN is a unique number generated for a signed report. It lets a reader match the report to the auditor's records and confirm that the document being circulated is the one the auditor actually signed.

What the consolidation covers

An annexure to the consolidated report lists the entities whose results are included in the statement. These are marked as subsidiaries, associates, joint ventures and other consolidating entities. They include operations in markets such as the US, UK, Russia, Brazil, China, Japan, Germany, the Netherlands and others, along with Indian entities and trusts. Two entries are described as having changed status during the period, one as having ceased to be a step subsidiary and one as being included with effect from a stated date.

Prior periods

The report notes that the figures for the preceding quarter and for the corresponding quarter and half year of the previous year were reviewed by another auditor, who gave an unmodified conclusion, and that the audited results for the last full year carried an unmodified opinion from another auditor. The current conclusion is stated to be not modified in respect of this matter.

How to read this

This is the auditor's sign-off that accompanies the results already shared with the exchanges. It does not change the reported numbers; it is the auditor's formal view on how those numbers are presented and disclosed.

The tone: the disclosure reads as procedural in nature, and the conclusion itself is unmodified.

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