Dr Reddy's Laboratories (BOM:500124) Tax Rate % : 18.40% (As of Mar. 2024)

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What is Dr Reddy's Laboratories Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dr Reddy's Laboratories's Tax Expense for the three months ended in Mar. 2024 was ₹2,954 Mil. Dr Reddy's Laboratories's Pre-Tax Income for the three months ended in Mar. 2024 was ₹16,052 Mil. Therefore, Dr Reddy's Laboratories's Tax Rate % for the quarter that ended in Mar. 2024 was 18.40%.

Dr Reddy's Laboratories Tax Rate % Historical Data

The historical data trend for Dr Reddy's Laboratories's Tax Rate % 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 Tax Rate % Chart

Dr Reddy's Laboratories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-8.13

34.74

27.03

25.34

22.54

Dr Reddy's Laboratories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.63	24.04	22.65	24.47	18.40

Dr Reddy's Laboratories Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Dr Reddy's Laboratories's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	16231	/	72010
	=	22.54 %

Dr Reddy's Laboratories's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	2954	/	16052
	=	18.40 %

Dr Reddy's Laboratories Tax Rate % Related Terms

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Dr Reddy's Laboratories (BOM:500124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dr Reddy's Laboratories Ltd (BOM:500124) » Definitions » Tax Rate %

Traded in Other Exchanges

RDY:USA DRREDDY: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.

Dr Reddy's Laboratories (BOM:500124) Headlines

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