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Lupin reports 26% rise in Q3 consolidated net profit

03 Feb 2015 Evaluate

Lupin has reported results for third quarter ended December 31, 2014.

The company has registered a fall of 3.76% in its net profit after tax at Rs 513.3 crore for the quarter under review as compared to Rs 533.38 crore for the same quarter in the previous year. Total income of the company has decreased 1.01% at Rs 2406.03 crore for Q3FY15 as compared Rs 2430.56 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after tax rose 26.32% to Rs 601.45 crore for the Q3 FY15 as compared to Rs 476.13 crore in Q3 FY14. Moreover, the total income increased 6.76% to Rs 3261.04 crore in the quarter under review as compared to Rs 3054.41 crore in the corresponding quarter previous year.

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