Dr Reddy's Laboratories (Dr Reddy's Laboratories) Pretax Margin % : 25.30% (As of Dec. 2023)

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What is Dr Reddy's Laboratories Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Dr Reddy's Laboratories's Pre-Tax Income for the three months ended in Dec. 2023 was $219 Mil. Dr Reddy's Laboratories's Revenue for the three months ended in Dec. 2023 was $867 Mil. Therefore, Dr Reddy's Laboratories's pretax margin for the quarter that ended in Dec. 2023 was 25.30%.

The historical rank and industry rank for Dr Reddy's Laboratories's Pretax Margin % or its related term are showing as below:

RDY' s Pretax Margin % Range Over the Past 10 Years
Min: 10.1 Med: 14.83 Max: 25.47
Current: 25.47

RDY's Pretax Margin % is ranked better than
90.41% of 1022 companies
in the Drug Manufacturers industry
Industry Median: 4.555 vs RDY: 25.47

Dr Reddy's Laboratories Pretax Margin % Historical Data

The historical data trend for Dr Reddy's Laboratories's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dr Reddy's Laboratories Pretax Margin % Chart

Dr Reddy's Laboratories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Pretax Margin %

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14.59

10.33

13.92

15.06

24.55

Dr Reddy's Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pretax Margin %	Get a 7-Day Free Trial															24.14	21.05	27.40	27.81	25.30

Competitive Comparison of Dr Reddy's Laboratories's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Dr Reddy's Laboratories's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dr Reddy's Laboratories's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dr Reddy's Laboratories's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Dr Reddy's Laboratories's Pretax Margin % falls into.

Dr Reddy's Laboratories Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Dr Reddy's Laboratories's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	733.798	/	2988.811
	=	24.55 %

Dr Reddy's Laboratories's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	219.293	/	866.601
	=	25.30 %

Dr Reddy's Laboratories (NYSE:RDY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Dr Reddy's Laboratories Pretax Margin % Related Terms

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Dr Reddy's Laboratories (Dr Reddy's Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dr Reddy's Laboratories Ltd (NYSE:RDY) » Definitions » Pretax Margin %

Traded in Other Exchanges

DRREDDY:India 500124:India RDDA:Germany RDDA:Germany R1DY34:Brazil

Address

8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.drreddys.com

Dr. Reddy's is one of the largest generic drug manufacturers in the world. It has a significant presence in North America, a region that makes up roughly half of its generics sales, and it services India (22% of its generics sales), Russia (12%), and certain European and Latin American countries. Beyond simple generics, Dr. Reddy's also has a solid portfolio of injectables which make up 25% of its North America sales. In branded generic markets like India, Dr. Reddy's has established a compelling presence with its strong brand name and earned a top five spot in key therapeutic areas including oncology and gastroenterology. Dr. Reddy's also has an active pharmaceutical ingredient business that manufactures over 150 APIs and sells in over 75 countries.