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Lupin reports 71% fall in Q3 consolidated net profit

10 Feb 2023 Evaluate

Lupin has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 92.38% in its net profit at Rs 40.40 crore for Q3FY23 as compared to Rs 530.44 crore for the corresponding quarter previous year. However, total income of the company increased by 4% to Rs 2,878.21 crore for the quarter under review as compared to Rs 2,767.46 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 71.29% in its net profit at Rs 157.65 crore for Q3FY23 as compared to Rs 549.08 crore for the same quarter in the previous year. However, total income of the company increased by 3.46% to Rs 4,340.18 crore for the quarter under review as compared to Rs 4,194.99 crore for the same quarter in the previous year.

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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