Lupin Q4 net profit seen up 16% at Rs 263 crore

NEW DELHI: Lupin is expected to report a 16 percent YoY increase in its fourth quarter net profit at Rs 263 crore from Rs 227 crore in the year-ago period. Revenues are seen up 23 percent YoY at Rs 1,511 crore compared to Rs 1,858 crore, according to an ET Now poll.

Net sales seen at Rs 1,858 crore vs Rs 1,511 crore, up 23%
Net profit seen at Rs 263 crore vs Rs 227 crore, up 16%
EBITDA seen at Rs 390 crore vs Rs 310 crore, up 26%
Margins seen at 21% vs 20%

Key Factors

New launches in US, Geodon exclusivity to aid revenues
Launch of oral contraceptives, Seroquel to aid revenues
No major forex impact as company is hedged
Domestic business likely growth at 30%, exports growth likely at 25%
Japanese busness growth due to I'rom acquisition
Higher tax rate to hit profits of company