RDY Tax Provision from 2010 to 2024

RDY Stock  USD 13.99  0.31  2.17%   
Dr Reddys Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Dr Reddys Laboratories to cover any estimated taxes for the current period. It reflects Dr Reddys' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
2.9 B
Current Value
4.9 B
Quarterly Volatility
1.9 B
 
Covid
Check Dr Reddys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dr Reddys' main balance sheet or income statement drivers, such as Interest Expense of 1.8 B, Total Revenue of 293.1 B or Gross Profit of 171.8 B, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0274 or PTB Ratio of 0.84. RDY financial statements analysis is a perfect complement when working with Dr Reddys Valuation or Volatility modules.
  
Check out the analysis of Dr Reddys Correlation against competitors.

Latest Dr Reddys' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Dr Reddys Laboratories over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Dr Reddys' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dr Reddys' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

RDY Tax Provision Regression Statistics

Arithmetic Mean7,438,153,333
Coefficient Of Variation70.17
Mean Deviation3,907,671,111
Median5,984,000,000
Standard Deviation5,219,626,683
Sample Variance27244502.7T
Range18.5B
R-Value0.58
Mean Square Error19439754.3T
R-Squared0.34
Significance0.02
Slope677,986,071
Total Sum of Squares381423037.9T

RDY Tax Provision History

202417 B
202316.2 B
202215.4 B
20218.7 B
20209.2 B
2019-1.5 B
20183.6 B

About Dr Reddys Financial Statements

Dr Reddys investors use historical fundamental indicators, such as Dr Reddys' Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Dr Reddys. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision16.2 B17 B

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Additional Tools for RDY Stock Analysis

When running Dr Reddys' price analysis, check to measure Dr Reddys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dr Reddys is operating at the current time. Most of Dr Reddys' value examination focuses on studying past and present price action to predict the probability of Dr Reddys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dr Reddys' price. Additionally, you may evaluate how the addition of Dr Reddys to your portfolios can decrease your overall portfolio volatility.