Dr Reddys Laboratories RDY
NYSE RDY
$12.20 +0.10 (+0.78%)
At close: Aug 20, 2026 · 11:50 AM UTC

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

Dr Reddys Laboratories (RDY) posted quarterly Operating Margin of 25.97% for Q2 2023, down 0.67% quarter-over-quarter from 26.14% in Q1 2023.

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

Dr Reddys Laboratories' Operating Margin history runs 15 years deep, the most recent figure standing at 25.97% for Q2 2023.

  • In Q2 2023, Operating Margin changed N/A year-over-year to 25.97%; the TTM figure through Jun 2023 stood at 24.27% (changed N/A YoY), while the FY2026 annual figure was 15.06%, down 704.0% from the prior year.
  • Operating Margin for Q2 2023 stood at 25.97%, down from 26.14% in the prior quarter.
  • The five-year high for Operating Margin was 26.14% in Q1 2023, with the low at 13.36% in Q3 2019.
  • The 5-year median for Operating Margin is 18.99% (2020), against an average of 14.7%.
  • Peak annual rise in Operating Margin reached 772 bps in 2019, while the deepest fall reached 2826 bps in 2019.
  • Dr Reddys Laboratories' Operating Margin stood at 13.36% in 2019, then gained by 11 bps to 11.85% in 2020, then soared by 277 bps to 20.98% in 2021, then dropped by 6 bps to 19.69% in 2022, then soared by 32 bps to 25.97% in 2023.
  • Business Quant data shows RDY's Operating Margin at 25.97% in Q2 2023, 26.14% in Q1 2023, and 19.69% in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Haleon 44.07 Bn 43.10 Bn - -
2 Teva Pharmaceutical Industries 43.42 Bn 39.76 Bn 2.15 Bn -5.58%
3 Zoetis 31.86 Bn 30.18 Bn 1.05 Bn 33.91%
4 Takeda Pharmaceutical 28.77 Bn 22.98 Bn 5.10 Bn 16.51%
5 United Therapeutics 22.29 Bn 19.63 Bn 683.80 Mn 42.23%
6 Viatris 18.78 Bn 17.89 Bn 1.46 Bn 0.17%
7 Neurocrine Biosciences 15.66 Bn 15.27 Bn 935.80 Mn 15.80%
8 Elanco Animal Health 11.91 Bn 11.38 Bn 798.00 Mn 18.13%
9 Dr Reddys Laboratories 10.16 Bn 10.00 Bn - -
10 Alkermes 8.20 Bn 7.55 Bn 397.90 Mn 3.70%

Historic Data

Download Data
DateValue
Jun 30, 2023 25.97%
Mar 31, 2023 26.14%
Dec 31, 2022 19.69%
Sep 30, 2022 24.27%
Jun 30, 2021 20.98%
Mar 31, 2021 13.42%
Sep 30, 2020 -11.85%
Jun 30, 2020 16.99%
Mar 31, 2020 18.30%
Sep 30, 2019 -13.36%
Jun 30, 2019 15.30%
Mar 31, 2019 20.59%
Dec 31, 2018 13.25%
Sep 30, 2018 14.90%
Jun 30, 2018 13.36%
Mar 31, 2018 12.87%
Dec 31, 2017 7.56%
Sep 30, 2017 13.16%
Dec 31, 2016 13.47%
Sep 30, 2016 19.18%