Lupin shares fall despite 55% rise in Q1 net profit
Commenting on the results, Nilesh Gupta, Managing Director, Lupin Limited, said “This was a record quarter, driven by robust growth across all our key markets – the United States, India and Japan. We remain committed to maintaining our growth trajectory given new product launches and approvals driven by strategic investments in technology and research.”
The company reported consolidated net profit of Rs 881.9 crore, registering growth of 55.12% yoy and 17.93% qoq. Photo: Pixabay