Dr Reddys Laboratories (RDY) Research & Development (2009 - 2023)

Dr Reddys Laboratories' (RDY) quarterly Research & Development came in at $66.0 million in Q2 2023, up 10.0% quarter-over-quarter from $60.0 million in Q1 2023.

Dr Reddys Laboratories (RDY) Research & Development (2009 - 2023) Analysis & Trends

Dr Reddys Laboratories' Research & Development history runs 15 years deep, the most recent figure standing at $66.0 million for Q2 2023.

  • On a quarterly basis, Research & Development changed N/A year-over-year to $66.0 million in Q2 2023; TTM through Jun 2023 was $251.0 million, a N/A change from a year earlier, with the FY2026 full-year figure at $256.0 million, down 20.0% from the prior year.
  • Research & Development rose to $66.0 million in Q2 2023 per RDY's latest filing, from $60.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $66.0 million in Q2 2023 and bottomed at $51.0 million in Q2 2019.
  • The 5-year median for Research & Development is $60.0 million (2020), against an average of $58.8 million.
  • Across the five-year window, Research & Development fell 12.07% in 2019 and rose 17.65% in 2020, its largest moves.
  • Year by year, Research & Development stood at $55.0 million in 2019, then rose by 1.82% to $56.0 million in 2020, then rose by 7.14% to $60.0 million in 2021, then grew by 8.33% to $65.0 million in 2022, then gained by 1.54% to $66.0 million in 2023.
  • Per Business Quant, the three latest RDY Research & Development figures stand at $66.0 million (Q2 2023), $60.0 million (Q1 2023), and $65.0 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Haleon 88.07 Bn 86.20 Bn - -
2 Teva Pharmaceutical Industries 35.75 Bn 32.01 Bn 1.97 Bn 696.00 Mn
3 Zoetis 31.84 Bn 29.90 Bn 1.62 Bn 180.00 Mn
4 Takeda Pharmaceutical 27.18 Bn 23.12 Bn 4.39 Bn 7.37 Bn
5 United Therapeutics 23.09 Bn 20.93 Bn 648.10 Mn 138.20 Mn
6 RedHill Biopharma 21.32 Bn 21.32 Bn - -
7 Viatris 19.96 Bn 18.16 Bn 1.16 Bn 248.60 Mn
8 Neurocrine Biosciences 17.66 Bn 16.34 Bn 800.70 Mn 296.20 Mn
9 Elanco Animal Health 12.44 Bn 12.02 Bn 785.00 Mn 97.00 Mn
10 Dr Reddys Laboratories 9.83 Bn 9.66 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2023 66.00 Mn
Mar 31, 2023 60.00 Mn
Dec 31, 2022 65.00 Mn
Jun 30, 2021 60.00 Mn
Mar 31, 2021 61.00 Mn
Sep 30, 2020 56.00 Mn
Jun 30, 2020 60.00 Mn
Mar 31, 2020 54.00 Mn
Sep 30, 2019 55.00 Mn
Jun 30, 2019 51.00 Mn
Jun 30, 2018 58.00 Mn
Mar 31, 2018 57.00 Mn
Dec 31, 2017 63.00 Mn
Sep 30, 2017 78.00 Mn
Dec 31, 2016 75.00 Mn
Sep 30, 2016 73.00 Mn
Mar 31, 2016 71.00 Mn
Dec 31, 2015 78.00 Mn
Sep 30, 2015 65.00 Mn
Jun 30, 2015 68.00 Mn