Dr Reddys Laboratories RDY
NYSE RDY
$12.11 +0.01 (+0.04%)
At close: Aug 20, 2026 · 10:48 AM UTC

Dr Reddys Laboratories (RDY) Net Margin (2009 - 2023)

Dr Reddys Laboratories (RDY) posted quarterly Net Margin of 21.5% for Q2 2023, up 3.16% quarter-over-quarter from 20.84% in Q1 2023.

Dr Reddys Laboratories (RDY) Net Margin (2009 - 2023) Analysis & Trends

Dr Reddys Laboratories' Net Margin history runs 15 years deep, the most recent figure standing at 21.5% for Q2 2023.

  • In Q2 2023, Net Margin changed N/A year-over-year to 21.5%; the TTM figure through Jun 2023 stood at 0.0% (changed N/A YoY), while the FY2026 annual figure was 12.74%, down 466.0% from the prior year.
  • Net Margin for Q2 2023 stood at 21.5%, up from 20.84% in the prior quarter.
  • The five-year high for Net Margin was 22.73% in Q2 2019, with the low at 16.0% in Q3 2020.
  • The 5-year median for Net Margin is 17.25% (2021), against an average of 12.07%.
  • Peak annual rise in Net Margin reached 957 bps in 2019, while the deepest fall reached 2560 bps in 2019.
  • Dr Reddys Laboratories' Net Margin stood at 13.03% in 2019, then fell by 23 bps to 16.0% in 2020, then surged by 208 bps to 17.25% in 2021, then slipped by 12 bps to 15.25% in 2022, then soared by 41 bps to 21.5% in 2023.
  • Business Quant data shows RDY's Net Margin at 21.5% in Q2 2023, 20.84% in Q1 2023, and 15.25% in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Haleon 43.65 Bn 42.68 Bn - -
2 Teva Pharmaceutical Industries 43.09 Bn 39.44 Bn 2.15 Bn -13.91%
3 Zoetis 31.54 Bn 29.86 Bn 1.05 Bn 35.09%
4 Takeda Pharmaceutical 28.61 Bn 22.81 Bn 5.10 Bn 9.28%
5 United Therapeutics 22.11 Bn 19.45 Bn 683.80 Mn 42.51%
6 Viatris 18.77 Bn 17.88 Bn 1.46 Bn -3.16%
7 Neurocrine Biosciences 15.62 Bn 15.23 Bn 935.80 Mn 15.06%
8 Elanco Animal Health 12.07 Bn 11.54 Bn 798.00 Mn 3.95%
9 Dr Reddys Laboratories 10.09 Bn 9.93 Bn - -
10 Alkermes 8.20 Bn 7.54 Bn 397.90 Mn 0.11%

Historic Data

Download Data
DateValue
Jun 30, 2023 21.50%
Mar 31, 2023 20.84%
Dec 31, 2022 15.25%
Jun 30, 2021 17.25%
Mar 31, 2021 11.61%
Sep 30, 2020 -16.00%
Jun 30, 2020 22.21%
Mar 31, 2020 13.14%
Sep 30, 2019 -13.03%
Jun 30, 2019 22.73%
Mar 31, 2019 17.28%
Dec 31, 2018 10.84%
Sep 30, 2018 12.57%
Jun 30, 2018 13.17%
Mar 31, 2018 12.28%
Dec 31, 2017 8.53%
Sep 30, 2017 8.72%
Dec 31, 2016 8.29%
Sep 30, 2016 14.55%
Mar 31, 2016 16.70%