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Lupin standalone net profit declines 46.73% in the March 2018 quarter

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Capital Market

Sales decline 14.47% to Rs 2425.94 crore

Net profit of Lupin declined 46.73% to Rs 292.46 crore in the quarter ended March 2018 as against Rs 549.05 crore during the previous quarter ended March 2017. Sales declined 14.47% to Rs 2425.94 crore in the quarter ended March 2018 as against Rs 2836.37 crore during the previous quarter ended March 2017.

For the full year,net profit declined 57.19% to Rs 1344.66 crore in the year ended March 2018 as against Rs 3141.33 crore during the previous year ended March 2017. Sales declined 20.52% to Rs 9853.90 crore in the year ended March 2018 as against Rs 12398.08 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2425.942836.37 -14 9853.9012398.08 -21 OPM %18.7323.59 -21.1736.18 - PBDT498.04700.60 -29 2183.744545.17 -52 PBT397.87595.63 -33 1793.934179.06 -57 NP292.46549.05 -47 1344.663141.33 -57

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First Published: May 15 2018 | 5:18 PM IST

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