Difference between the colour of the text in the document compiled on Overleaf and after downloading it on Mac OS

I have compiled a document on overleaf.com.

I used red colour for some of the text and the document was generated successfully with no errors.

After I download it on the Mac OS, I see a significant change in both the colours.

The document on the overleaf.com platform had a slightly pinkish version of red colour whereas, the same downloaded document on Mac OS had a dark red colour for the text.

What is the cause of this difference?

Is it because of the different colour drivers used on different platforms to process the same document?