Decoding Lupin Q1
  • WebDesk BTVI
  • Aug 07 2019

Lupin reported a 49% rise in consolidated net profit to ?303.05 crore for the quarter ended June 30, 2019. The company had posted a net profit of ?202.76 crore in the year-ago period, Lupin said in a filing to the BSE. Shares of Lupin were trading at ?767.75 per scrip on the BSE, up 2.24% from its previous close. Shrikanth Akolkar, Research Analyst, Ashika Stock Broking, says the numbers look but it is not according to what they expected.