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