“Our numbers are muted this quarter, but we expect a strong bounce back Q2 onwards. Our US sales took a s ...More

“Our numbers are muted this quarter, but we expect a strong bounce back Q2 onwards. Our US sales took a significant dip as we took several strategic decisions to pave the way for building a sustainable and profitable business," said Nilesh Gupta, managing director of Lupin. ...Less

Lupin Q1 Results: Lupin's consolidated net profit surged by 77% to Rs 801 crore in the first quarter endi ...More

Lupin Q1 Results: Lupin's consolidated net profit surged by 77% to Rs 801 crore in the first quarter ending June 30, 2024, fueled by strong sales performance. The company saw its total revenue climb to Rs 5,600 crore. North America sales grew by 28% to Rs 2,041 crore, and India sales increased to Rs 1,926 crore. ...Less

During the quarter, the company's North America sales declined to Rs 1,185.8 crore. ...More

During the quarter, the company's North America sales declined to Rs 1,185.8 crore. ...Less

Consolidated sales for the quarter under review also rose to Rs 4,355.83 crore as against Rs 3,774.57 cro ...More

Consolidated sales for the quarter under review also rose to Rs 4,355.83 crore as against Rs 3,774.57 crore during the same period a year ago. ...Less

Lupin Share Price: Lupin's shares jumped 6% to a 52-week high after the company announced a 77.2% increas ...More

Lupin Share Price: Lupin's shares jumped 6% to a 52-week high after the company announced a 77.2% increase in net profit for the June quarter of FY25. The firm's net profit was Rs 801.3 crore, and revenue rose 16.3% to Rs 5,600.3 crore. Nomura maintained a 'Buy' rating, forecasting continued growth. ...Less

"From Q2 onwards, we expected to get back to double digit growth and are very happy that it is happening ...More

"From Q2 onwards, we expected to get back to double digit growth and are very happy that it is happening in Q1 itself. The growth year on year was 10.2%. In fact, if we take out the Cidmus 50 effect from the base and adjust for price impact, the growth was actually 13.6% – ahead of market growth. And it is really the outcome of some of the efforts we have been putting in." ...Less

The significant jump in June quarter net profit was on account of robust sales and income received from b ...More

The significant jump in June quarter net profit was on account of robust sales and income received from biopharmaceutical firm Boehringer Ingelheim for achieving key milestones for its novel MEK inhibitor compound collaboration. ...Less

Lupin's shares are in focus following a robust Q1 performance, with net profit surging 52% to Rs 1,221 cr ...More

Lupin's shares are in focus following a robust Q1 performance, with net profit surging 52% to Rs 1,221 crore, fueled by strong US and Indian market growth. Sales climbed to Rs 6,164 crore. Nilesh Gupta, MD, highlighted the company's focus on compliance and innovation for sustainable growth. ...Less

Indian markets ended marginally higher on Thursday despite early losses, aided by late buying and muted c ...More

Indian markets ended marginally higher on Thursday despite early losses, aided by late buying and muted concerns over U.S. tariff hikes. Stocks like NSDL, Lupin, and Hero MotoCorp saw sharp moves on earnings and market action. ...Less

The company's total income from operations however declined to Rs 3,783 crore during the fourth quarter, ...More

The company's total income from operations however declined to Rs 3,783 crore during the fourth quarter, as compared to Rs 3,846 crore in the corresponding period of FY20, Lupin Ltd said in a statement. ...Less

The fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC. The Nifty50 was tradi ...More

The fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC. The Nifty50 was trading above its crucial support level of 7,000. ...Less