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✦Reported by Business Standard

Lupin Q2 results: Net profit falls 22% to ₹1,155 cr, revenue at ₹7,827 cr

Lupin Q2 results: Net profit falls 22% to ₹1,155 cr, revenue at ₹7,827 cr
Source: Business Standard

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Lupin reported a 22 per cent drop in net profit to ₹1,155 crore for the September quarter on Wednesday.
  • ✓Revenue grew to ₹7,827 crore, but an exceptional item impacted earnings.
  • ✓Managing Director Nilesh Gupta said, "We delivered a strong first half of FY27, underpinned by solid growth across key markets."

Story at a Glance

Category
MARKET
Reported By
Business Standard
Reading Speed
3 Minute(s)
Market Focus
India Economy

Homegrown pharma major Lupin on Wednesday posted a 22.19 per cent decline in consolidated net profit to ₹1,155.30 crore in the September quarter, dragged down by an exceptional item.

The company had posted a net profit of ₹1,484.83 crore in the corresponding period of the previous fiscal year, it said in a regulatory filing to the exchanges.

Revenue from operations was ₹7,827.26 crore during the quarter under review, up from ₹7,047.51 crore in the year-ago period, it said.

Lupin's total expenses also rose to ₹6,374.46 crore during the quarter from ₹5,130.54 crore in the same period last year.

During the April-September period in FY27, Lupin's net profit declined 4.95 per cent to ₹2,572.28 crore from ₹2,706.29 crore a year earlier, the filing said.

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