Wednesday, November 9, 2011

Lupin Q2 net profit up 23.7% at Rs 266 cr

Pharmaceutical firm Lupin has reported a consolidated net profit of Rs 266 crore in the second quarter of FY12, a growth of 23.7% as compared to Rs 215 crore in the corresponding quarter of last fiscal.

Consolidated revenues are seen going up 21.41% to Rs 1,741 crore from Rs 1,434 crore during the same period.

Topline as well as bottomline numbers were better than expectations; CNBC-TV18 poll saw net profit at Rs 223.3 crore and revenues at Rs 1,646 crore during the quarter ended September FY12.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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