Lupin gains on reporting 36% rise in Q4 consolidated net profit

Lupin is currently trading at Rs 992.00, up by 1.80 points or 0.18% from its previous closing of Rs 990.20 on the BSE. The scrip opened at Rs 992.30 and has touched a high and low of Rs 999.25 and Rs 990.05 respectively. So far 7814 shares were traded on the counter. The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1022.00 on 07-May-2014 and a 52 week low of Rs 718.00 on 09-May-2013. Last one week high and low of the scrip stood at Rs 1022.00 and Rs 985.65 respectively. The current market cap of the company is Rs 44403.94 crore. The promoters holding in the company stood at 46.75% while Institutions and Non-Institutions held 43.17% and 10.08% respectively. Lupin has posted a rise of 328.58% in its net profit at Rs 571.17 crore for the quarter ended March 31, 2014 as compared to Rs 132.96 crore for the same quarter in the previous year. Total income of the company increased by 53.17% at Rs 2472.24 crore for quarter under review as compared to Rs 1613.99 crore for the quarter ended March 31, 2013. On consolidated basis, the company has reported 35.51% rise in its net profit at Rs 553 crore for the quarter ended March 31, 2014 as compared to Rs 408.08 crore for the same quarter in the previous year. Total income of the company went up by 20.58% at Rs 3125.73 crore for quarter under review as compared to Rs 2592.04 crore for the quarter ended March 31, 2013. For the year ended March 31, 2014, the company has posted a jump of 84.39% in its net profit at Rs 2324.22 crore as compared to Rs 1260.43 crore for the same period in the previous year. Total income of company has improved by 30.91% at Rs 9354.76 crore for year under review as compared to Rs 7145.82 crore for the period ended March 31, 2013. For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 39.73% in its net profit at Rs 1836.37 crore as compared to Rs 1314.16 crore for the same period in the previous year. Total income of company has increased by 17.93% at Rs 11403.05 crore for year under review as compared to Rs 9669.15 crore for the period ended March 31, 2013.