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Lupin reports 16% fall in Q1 consolidated net profit

24 Jul 2015 Evaluate

Lupin has reported results for first quarter ended June 30, 2015.

The company has reported 31.16% fall in its net profit at Rs 699.92 crore for the quarter ended June 30, 2015 as compared to Rs 1016.73 crore for the same quarter in the previous year. The company’s total income has decreased by 11.59% to Rs 2674.76 crore for the quarter under review from Rs 3025.55 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 15.96% fall in its net profit after taxes and minority interest at Rs 525.02 crore for the quarter ended June 30, 2015 as compared to Rs 624.74 crore for the same quarter in the previous year. Total income of the company has decreased by 4.27% at Rs 3225.81 crore for quarter under review as compared to Rs 3369.73 crore for the quarter ended June 30, 2014.

Peers
Company Name CMP
Sun Pharma. Inds. 1810.00
Dr. Reddys Labs. 1200.10
Cipla 1346.85
Lupin 2029.00
Zydus Lifesciences 1145.25
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