Breaking News

You are here » Indian-Commodity  :  Corporate  :  Lupin reports 43% fall in Q1 consolidated net profit

08-Aug2018

Lupin reports 43% fall in Q1 consolidated net profit

Lupin has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 21.28% in its net profit of Rs 429.48 crore for the quarter under review as compared to Rs 354.12 crore for the same quarter in the previous year. Total income of the company increased by 8.88% at Rs 2,751.64 crore for Q1FY19 as compared Rs 2,527.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 43.37% in its net profit of Rs 202.76 crore for the quarter under review as compared to Rs 358.06 crore for the same quarter in the previous year. However, total income of the company increased by 3.55% at Rs 4,040.13 crore for Q1FY19 as compared Rs 3,901.55 crore for the corresponding quarter previous year.


Related News

View all news

IOC to infuse Rs 1,200 crore in CNG distribution in Burdwan

Indian Oil Corporation (IOC) is planning to infuse Rs 1,200 crore over the next 6-7 years to create infrastructure of laying LPG pipeline and installing CNG stations in the two Burdwan districts of West......

IOC discovers seven geographical areas in Tamil Nadu: Report

Indian Oil Corporation (IOC) has reportedly discovered seven geographical areas (GAs) in ten districts of Tamil Nadu. The company will invest nearly Rs 2,100 crore in coming five years, in a bid to employ......

Jumbo Finance gets shareholders' nod to increase borrowing limits up to Rs 30 crore

Jumbo Finance has received an approval to increase Borrowing Limits of the company up-to Rs 30 crore. The shareholders of the company at their meeting held on November 19, 2018, approved the same.Jumbo......

Top News

View all news

Jumbo Finance gets shareholders' nod to increase borrowing limits up to Rs 30 crore

Jumbo Finance has received an approval to increase Borrowing Limits of the company up-to Rs 30 crore. The shareholders of the company at their meeting held on November 19, 2018, approved the same.Jumbo......

Alembic Pharma gets USFDA's nod for Vardenafil Hydrochloride Orally Disintegrating Tablets

Alembic Pharmaceuticals has received an approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Vardenafil Hydrochloride Orally Disintegrating Tablets,......

SRF expects total Rs 28 crore quantum of damage due to Cyclone GAJA

SRF is expecting a total Rs 28 crore quantum of damage caused, based on the initial assessment. The disruption of operations was due to Cyclone GAJA at the plant of Technical Textiles Business (Viralimalai)......