Lupin consolidated net surges by 39% in Q2 to Rs 160 crore
Lupin, a Mumbai based major pharmaceutical company, has recorded impressive performance during the second quarter ended September 2009 with significant growth in international business. It’s consolidated net profit jump by 38.6 per cent to Rs 160.30 crore from Rs 115.62 crore in the corresponding period of last year. The consolidated net sales moved up by 22.7 per cent to Rs 1,115 crore from Rs 908.37 crore. The earnings per share worked out to Rs 18.99 as against Rs 14.07 in the last period.
The company’s international sales increased by 31.7 per cent to Rs 747 crore from Rs 567 crore in the similar second quarter of last year. Sales in India grew by 14.1 per cent to Rs 418.65 crore from Rs 367.05 crore.
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