 "Lupin")
Shares of Lupin dipped 2 per cent at Rs 928 on the BSE on Thursday in an otherwise strong market after the drug maker reported 50 per cent year-on-year (YoY) decline in profit after tax at Rs 211 crore in the September quarter (Q2FY21), due to lower operational performance, lower other income and higher tax rate.
The stock hit an intra-day low of Rs 922 on the BSE. In comparison, the S&P BSE Sensex was up 1.6 per cent at 41,245, at 01:24 pm.
In Q2FY21, the company’s revenues declined 12 per cent YoY to Rs 3,835 crore
The stock hit an intra-day low of Rs 922 on the BSE. In comparison, the S&P BSE Sensex was up 1.6 per cent at 41,245, at 01:24 pm.
In Q2FY21, the company’s revenues declined 12 per cent YoY to Rs 3,835 crore
