Lupin Q2 Revenue Rises to ₹78.2 Billion Despite Profit Decline
Key Facts
Lupin reported consolidated revenue of ₹78,272.6 million for the second fiscal quarter, marking a year-on-year increase according to TradingView. The company stated that net profit for the period declined to ₹11,553.0 million due to exceptional charges including antitrust settlements and acquisition-related costs.
The period saw continued growth in total revenue, which reached ₹161,041.5 million for the first half of the fiscal year. The bottom-line results were impacted by investments in acquisitions and legal settlements that shaped the company's risk and investment profile during this timeframe.
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Update: Lupin's EBITDA declined by 8.4% as margins contracted to 25.1%. Additionally, the company reported a standalone net loss of ₹59.1 million for the period.