Lupin Q1 net up 7% at Rs 210 cr

Drug firm Lupin today said its net profit rose by 7% to Rs 210.1 crore for the first quarter ended June 30, 2011, vis-a-vis the same period last fiscal.

The company had posted a net profit of Rs 196.3 crore for the same period last fiscal, Lupin said in a statement.

Net sales of the company rose to Rs 1,543.2 crore for the first quarter ended June 30, 2011, from Rs 1,316.5 crore in the same period of the previous fiscal.

Shares of Lupin were being quoted at Rs 452 apiece in late afternoon trade on the Bombay Stock Exchange, down 2.30% from their previous close.