DRIVIN G ROWTH - Dr. Reddy's

total shareholder’s return
“TOTAL SHAREHOLDER’S
RETURN” (TSR) represents the change in
capital value of a company over a period of
one year, plus dividends, expressed as a %
of gain or loss of the beginning capital
value.
To bring in more accuracy into measuring
the Total Shareholders’ Return, the debt
component has been eliminated from the
capital value.
Table 4
|
TSR–Total Shareholders Return
RS. IN MILLION
2002 2001 2000 1999
Closing capital value 14580 5533 4768 4205
Beginning capital value * 11315 4768 4205 3616
Additions 3265 764 563 589
Dividend 574 126 122 122
Total
* Adjusted for share capital increase in 2001-2002
33.9% 18.7% 16.3% 19.7%
DR. REDDY’S LABORATORIES LTD. | INTANGIBLES ACCOUNTING | ANNUAL REPORT 2001-2002
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