Dr Reddys Laboratories (RDY) Tax Provisions (2009 - 2023)
Dr Reddys Laboratories' (RDY) quarterly Tax Provisions came in at $60.0 million in Q2 2023, up 13.21% quarter-over-quarter from $53.0 million in Q1 2023.
Dr Reddys Laboratories (RDY) Tax Provisions (2009 - 2023) Analysis & Trends
Dr Reddys Laboratories' Tax Provisions history runs 14 years deep, the most recent figure standing at $60.0 million for Q2 2023.
- On a quarterly basis, Tax Provisions changed N/A year-over-year to $60.0 million in Q2 2023; TTM through Jun 2023 was $195.0 million, a N/A change from a year earlier, with the FY2026 full-year figure at $132.0 million, down 42.36% from the prior year.
- Tax Provisions climbed to $60.0 million in Q2 2023 per RDY's latest filing, from $53.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $60.0 million in Q2 2023 and bottomed at -$46.0 million in Q2 2019.
- The 4-year median for Tax Provisions is $37.0 million (2021), against an average of $26.4 million.
- Biggest YoY gain for Tax Provisions was 428.57% in 2019; the steepest drop was 428.57% in 2019.
- Year by year, Tax Provisions stood at $13.0 million in 2019, then surged by 184.62% to $37.0 million in 2021, then advanced by 21.62% to $45.0 million in 2022, then surged by 33.33% to $60.0 million in 2023.
- Per Business Quant, the three latest RDY Tax Provisions figures stand at $60.0 million (Q2 2023), $53.0 million (Q1 2023), and $45.0 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 67.00 Mn |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 157.00 Mn |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | 676.90 Mn |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 43.40 Mn |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | -423.70 Mn |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 48.90 Mn |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 30.00 Mn |
| 10 | Dr Reddys Laboratories | 9.83 Bn | 9.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 60.00 Mn |
| Mar 31, 2023 | 53.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Jun 30, 2021 | 37.00 Mn |
| Mar 31, 2021 | 23.00 Mn |
| Sep 30, 2019 | 13.00 Mn |
| Jun 30, 2019 | -46.00 Mn |
| Jun 30, 2018 | 14.00 Mn |
| Mar 31, 2018 | 6.00 Mn |
| Dec 31, 2017 | 11.00 Mn |
| Sep 30, 2017 | 41.00 Mn |
| Dec 31, 2016 | 27.00 Mn |
| Sep 30, 2016 | 26.00 Mn |
| Mar 31, 2016 | 25.00 Mn |
| Dec 31, 2015 | 26.00 Mn |
| Sep 30, 2015 | 38.00 Mn |
| Jun 30, 2015 | 29.00 Mn |
| Dec 31, 2014 | 20.00 Mn |
| Sep 30, 2014 | 40.00 Mn |
| Mar 31, 2014 | 25.00 Mn |