Dr Reddys Laboratories (RDY) Gross Margin (2009 - 2026)
Dr Reddys Laboratories (RDY) posted Gross Margin of 46.52% for Q2 2026, up 3.77% on a QoQ basis from 44.82% in Q1 2026, and down 1039.0% year-over-year from 4.95% in Q2 2025.
Analysis
Dr Reddys Laboratories (RDY) Gross Margin (2009 - 2026) Analysis & Trends
Dr Reddys Laboratories has reported Gross Margin for 18 years, with the latest figure at 46.52% in Q2 2026.
- On a quarterly basis, Gross Margin fell 1039.0% year-over-year to 46.52% in Q2 2026; TTM through Jun 2026 was 50.29%, a 739.0% decrease from a year earlier, with the FY2026 full-year figure at 52.77%, down 513.0% from the prior year.
- Gross Margin was 46.52% for Q2 2026 at Dr Reddys Laboratories, up from 44.82% in the prior quarter.
- The five-year high for Gross Margin was 60.4% in Q2 2024, with the low at 44.82% in Q1 2026.
- Average Gross Margin over 5 years is 55.73%, with a median of 57.87% recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Gross Margin soared 883 bps in 2023, then plunged 1074 bps in 2026.
- Over 5 years, Gross Margin stood at 57.24% in 2022, then gained by 2 bps to 58.5% in 2023, then increased by 0 bps to 58.68% in 2024, then fell by 9 bps to 53.63% in 2025, then slipped by 13 bps to 46.52% in 2026.
- The last three Gross Margin figures came in at 46.52% (Q2 2026), 44.82% (Q1 2026), and 53.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 42.84 Bn | 39.19 Bn | 2.15 Bn | 51.98% |
| 2 | Viatris | 19.13 Bn | 18.24 Bn | 1.46 Bn | 38.77% |
| 3 | Dr Reddys Laboratories | 9.91 Bn | 9.74 Bn | 396.53 Mn | 46.52% |
| 4 | Amneal Pharmaceuticals | 5.51 Bn | 5.38 Bn | 334.51 Mn | 42.01% |
| 5 | Bausch Health Companies | 2.30 Bn | 464.50 Mn | 2.10 Bn | 73.60% |
| 6 | Alvotech | 1.50 Bn | 1.36 Bn | 2.56 Mn | 4.68% |
| 7 | Ani Pharmaceuticals | 1.49 Bn | 1.13 Bn | 165.89 Mn | 62.35% |
| 8 | Amphastar Pharmaceuticals | 1.00 Bn | 714.13 Mn | 93.47 Mn | 50.83% |
| 9 | Fennec Pharmaceuticals | 402.10 Mn | 360.85 Mn | 17.15 Mn | 95.97% |
| 10 | RedHill Biopharma | 178.35 Mn | 178.35 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.52% |
| Mar 31, 2026 | 44.82% |
| Dec 31, 2025 | 53.63% |
| Sep 30, 2025 | 54.67% |
| 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 | 59.22% |
| Jun 30, 2022 | 49.86% |
| Mar 31, 2022 | 52.87% |
| Dec 31, 2021 | 52.86% |
| Sep 30, 2021 | 53.78% |