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Lupin Q4 PAT up 18 pc at Rs 460 crore on lower input costs


Lupin Q4 PAT up 18 pc at Rs 460 crore on lower input costs
ANI |
Updated: May 13, 2021 14:33 IST
Mumbai (Maharashtra) [India], May 13 (ANI): Pharma major Lupin Ltd on Thursday reported 18 per cent jump in its consolidated profit after tax to Rs 460 crore.
However, sales revenue fell marginally by 1.6 per cent to Rs 3,783 crore in Qr FY21. But operating profits were up 58 per cent at Rs 492 crore due to lower input costs as well as lower employee benefit expenses.
The operating profit margin expanded by 8 per cent in Q4 FY20 to 13 per cent in Q4 FY21. Compared to operating profit growth, the net profit growth was muted as Lupin had Rs 98 crore exceptional gain in Q4 FY21 from the sale of Kyowa Pharma stake. ....

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