Lupin has reported results for third quarter ended December 31, 2017.
The company has reported a fall of 64.03% in its net profit at Rs 309.18 crore for the quarter under review as compared to Rs 859.47 crore for the same quarter in the previous year. Total income of the company decreased by 24.51% at Rs 2555.23 crore for Q3FY18 as compared Rs 3384.84 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 64.98% fall in its net profit at Rs 221.73 crore for the quarter ended December 31, 2017 as compared to Rs 633.11 crore for the corresponding quarter in the FY17. Total consolidated income of the company fell 12.69% at Rs 4004.04 crore for quarter under review as compared to Rs 4586.16 crore for the same quarter ended previous year.