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
DateValue
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