Dr Reddys Laboratories (RDY) Tax Provisions (2009 - 2023)
Dr Reddys Laboratories (RDY) posted quarterly Tax Provisions of $60.0 million for 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 15 years deep, the most recent figure standing at $60.0 million for Q2 2023.
- In Q2 2023, Tax Provisions changed N/A year-over-year to $60.0 million; the TTM figure through Jun 2023 stood at $158.0 million (changed N/A YoY), while the FY2026 annual figure was $132.0 million, down 42.36% from the prior year.
- Tax Provisions for Q2 2023 stood at $60.0 million, up from $53.0 million in the prior quarter.
- The five-year high for Tax Provisions was $60.0 million in Q2 2023, with the low at -$46.0 million in Q2 2019.
- The 5-year median for Tax Provisions is $29.5 million (2020), against an average of $23.3 million.
- The sharpest annual moves came in 2019 and 2020: Tax Provisions tumbled 428.57% in 2019, then soared 1266.67% in 2020.
- Dr Reddys Laboratories' Tax Provisions stood at $13.0 million in 2019, then soared by 176.92% to $36.0 million in 2020, then increased by 2.78% to $37.0 million in 2021, then gained by 21.62% to $45.0 million in 2022, then jumped by 33.33% to $60.0 million in 2023.
- Business Quant data shows RDY's Tax Provisions at $60.0 million in Q2 2023, $53.0 million in Q1 2023, and $45.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 121.00 Mn |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | -310.32 Mn |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | 39.70 Mn |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 54.80 Mn |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | 17.80 Mn |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 2.00 Mn |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | Alkermes | 8.02 Bn | 7.37 Bn | 397.90 Mn | -2.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 60.00 Mn |
| Mar 31, 2023 | 53.00 Mn |
| Dec 31, 2022 | 45.00 Mn |
| Sep 30, 2022 | 47.00 |
| Jun 30, 2021 | 37.00 Mn |
| Mar 31, 2021 | 23.00 Mn |
| Sep 30, 2020 | 36.00 Mn |
| Jun 30, 2020 | 14.00 Mn |
| Mar 31, 2020 | 41.00 Mn |
| Sep 30, 2019 | 13.00 Mn |
| Jun 30, 2019 | -46.00 Mn |
| Mar 31, 2019 | 3.00 Mn |
| Dec 31, 2018 | 22.00 Mn |
| Sep 30, 2018 | 14.00 Mn |
| Jun 30, 2018 | 14.00 Mn |
| Mar 31, 2018 | 6.00 Mn |
| Dec 31, 2017 | 11.00 Mn |
| Sep 30, 2017 | 40.00 Mn |
| Dec 31, 2016 | 27.00 Mn |
| Sep 30, 2016 | 26.00 Mn |