Monday 3 February 2014

Lupin reports 42% rise in Q3 consolidated net profit

Lupin has reported results for third quarter ended December 31, 2013.

The company has reported 18.97% rise in its net profit at Rs 533.38 crore for the quarter as compared to Rs 448.30 crore for the same quarter in the previous year. Total income from operations of the company increased by 21.35% at Rs 2430.56 crore for quarter under review, as compared to Rs 2002.77 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 42.03% rise in its net profit after taxes and Minority Interest at Rs 476.13 crore for the quarter as compared to Rs 335.23 crore for the same quarter in the previous year. Total income of the group has increased by 20.83% at Rs 3054.41 crore for quarter under review as compared to Rs 2527.57 crore for the quarter ended December 31, 2012.

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