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
)
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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)
First Published: Oct 30 2017 | 2:51 PM IST