Who Optimizes SG&A Costs Better? Novartis AG or Dr. Reddy's Laboratories Limited

SG&A Cost Strategies: Novartis vs. Dr. Reddy's

__timestampDr. Reddy's Laboratories LimitedNovartis AG
Wednesday, January 1, 20143878300000014993000000
Thursday, January 1, 20154258500000014247000000
Friday, January 1, 20164570200000014192000000
Sunday, January 1, 20174637200000014997000000
Monday, January 1, 20184691000000016471000000
Tuesday, January 1, 20194889000000014369000000
Wednesday, January 1, 20205012900000014197000000
Friday, January 1, 20215455900000014886000000
Saturday, January 1, 20226208100000014253000000
Sunday, January 1, 202310593100000012489000000
Monday, January 1, 20247720100000012566000000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Novartis AG and Dr. Reddy's Laboratories Limited have showcased contrasting strategies in this domain. From 2014 to 2023, Dr. Reddy's Laboratories saw a staggering 173% increase in SG&A expenses, peaking in 2023. In contrast, Novartis AG maintained a relatively stable SG&A cost, with a slight decrease of around 17% over the same period. This suggests Novartis's focus on cost efficiency, while Dr. Reddy's might be investing heavily in growth and expansion. The data for 2024 is incomplete, highlighting the dynamic nature of financial strategies. As these companies navigate the ever-evolving pharmaceutical landscape, their approach to SG&A costs will be pivotal in determining their market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025