Reddy Essay

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DR. REDDY’S LABORATORIES LIMITED ANNUAL REPORT 2013-14 HEALTHY FOREVER Contents CHAIRMAN’S LETTER CELEBRATING GOOD HEALTH FOR DECADES DOING WHAT MATTERS MOST KEY PERFORMANCE INDICATORS 2 4 6 8 CASE STUDIES HEALTHY FOREVER 10-11 A FIRM FOUNDATION FOR SUSTAINED R&D INITIATIVES BUILDING WORLD-SCALE MANUFACTURING CAPABILITIES HARNESSING PEOPLE POTENTIAL BOARD OF DIRECTORS MANAGEMENT COUNCIL BUSINESS RESPONSIBILITY REPORT MANAGEMENT DISCUSSION & ANALYSIS CORPORATE GOVERNANCE ADDITIONAL SHAREHOLDERS’ INFORMATION FIVE YEARS AT A GLANCE & RATIO ANALYSIS SECRETARIAL AUDIT REPORT DIRECTORS’ REPORT IGAAP STANDALONE FINANCIAL STATEMENTS IGAAP CONSOLIDATED FINANCIAL STATEMENTS EXTRACT OF AUDITED IFRS CONSOLIDATED FINANCIAL STATEMENTS STATEMENT 212 INFORMATION ON FINANCIALS OF SUBSIDIARIES NOTICE OF THE ANNUAL GENERAL MEETING 12 16-17 18 20-21 22 24-25 26 30 32 50 62 79 90 92 94 103 155 207 210 211 212 PROMIUS PROMISE: GUIDING RIGHT SMT: IMBIBING PATIENT-CENTRICITY VIVA: COLLABORATING TO CURE METFORMIN: SMALL IS BIG Affordable healthcare for the world is a mission we have dedicated ourselves to, since inception. However, as the world around us changes, the means to achieving our mission must evolve at every step. It is important that we build the necessary capabilities and competencies that are aligned to emerging and unmet medical needs across the globe. HEALTHY FOREVER With this realization, we decided to firmly focus on getting difficult to produce medicines firstto-market. This is in step with the strategic priorities we have outlined for ourselves. In FY2014, we not only reported excellent numbers but took effective steps towards fulfilling our priorities. We tasked ourselves with identifying the right products to focus on and building capabilities across our businesses. We strengthened our R&D infrastructure to remain ahead of the curve and worked on

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