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Lupin Q2 profit down 31% at Rs 455 cr, but slightly above consensus

The drugmaker profit came in at Rs 455 cr for the quarter ended Sept 30, compared with Rs 662 cr a year earlier


Indian drugmaker Lupin Ltd on Monday said its second-quarter profit fell about 31%, but the results were slightly above estimates. The company's profit came in at Rs 455 crore ($70.14 million) for the quarter ended September 30, compared with Rs 662 crore a year earlier. Analysts on average had expected a profit of Rs 433 crore, according to Thomson Reuters data. ($1 = Rs 64.8700)  

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First Published: Mon, October 30 2017. 14:51 IST