Lupin reported net profit of Rs 211 crore in the second quarter ended September 30

lupin

Drug maker Lupin reported net profit of Rs 211 crore in the second quarter ended September 30 led by recovery of sales in North America.

The company reported a loss of Rs 185.3 crore during the corresponding period of previous year. The net profit jumped 97 percent on quarter-on-quarter (QoQ) basis.

Revenues of Lupin dropped 1.2 percent year-on-year (YoY) to Rs 3,835 crore, compared to previous year’s Rs 3,882 crore. On QoQ basis the revenues rose 8.7 percent.

News Source:- Moneycontrol

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