Dr Reddys Laboratories (RDY) Gross Margin (2012 - 2026)

Dr Reddys Laboratories (RDY) recorded quarterly Gross Margin of 38.26% in Q1 2026, down 28.66% quarter-over-quarter from 53.63% in Q4 2025, and down 1730.0% on a YoY basis from 2.35% in Q1 2025.

Dr Reddys Laboratories (RDY) Gross Margin (2012 - 2026) Analysis & Trends

Dr Reddys Laboratories' Gross Margin history runs 15 years deep, the most recent figure standing at 38.26% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1730.0% year-over-year to 38.26%; the TTM figure through Mar 2026 stood at 51.18% (down 735.0% YoY), while the FY2026 annual figure was 52.77%, down 575.0% from the prior year.
  • Gross Margin was 38.26% for Q1 2026 at Dr Reddys Laboratories, down from 53.63% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 60.4% in Q2 2024 to a low of 0.0% in Q3 2022.
  • Historically, Gross Margin has averaged 52.65% across 5 years, with a median of 58.53% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 5378 bps in 2022, then surged 5867 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 57.24% in 2022, then rose by 2 bps to 58.5% in 2023, then grew by 0 bps to 58.68% in 2024, then declined by 9 bps to 53.63% in 2025, then decreased by 29 bps to 38.26% in 2026.
  • The last three Gross Margin figures came in at 38.26% (Q1 2026), 53.63% (Q4 2025), and 56.91% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 49.52%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 71.66%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 57.26%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -293.83%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 65.25%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 61.20%
10 Dr Reddys Laboratories 122.03 Mn -51.98 Mn 368.55 Mn 38.26%

Historic Data

Download Data
DateValue
Mar 31, 2026 38.26%
Dec 31, 2025 53.63%
Jun 30, 2025 56.91%
Mar 31, 2025 55.56%
Dec 31, 2024 58.68%
Sep 30, 2024 59.59%
Jun 30, 2024 60.40%
Mar 31, 2024 58.57%
Dec 31, 2023 58.50%
Sep 30, 2023 58.67%
Jun 30, 2023 58.70%
Mar 31, 2023 58.69%
Dec 31, 2022 57.24%
Sep 30, 2022 0.00%
Jun 30, 2022 59.06%
Mar 31, 2022 49.92%
Dec 31, 2021 52.91%
Sep 30, 2021 53.78%
Jun 30, 2021 53.41%
Mar 31, 2021 52.34%