Net Sales are expected to decrease by 3.6 percent Q-o-Q (up 28.9 percent Y-o-Y) to Rs 4280 crore, according to Centrum.
The net profit would grow by 54% YoY to Rs6.30bn from Rs 4.09bn due to strong revenue growth and margin improvement.
We expect Lupin to benefit from the acquisition of Gavis, US, FY17 onwards.
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