Moneycontrol Be a Pro
Get App
Last Updated : Nov 06, 2019 03:29 PM IST | Source: Moneycontrol.com

Lupin Q2: Earnings in red on one-time loss of Rs 546cr

Consolidated revenue increased 10.3 percent YoY to Rs 4,359.7 crore

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Lupin reported a consolidated net loss of Rs 127.1 crore in the quarter-ended September as against a profit of Rs 266 crore in the same period last fiscal and Rs 303 crore in Q1 FY20.

The pharma company posted a one-time loss of Rs 546.5 crore. However, profit before one-time loss stood at Rs 457.3 crore.

Other income stood at Rs 133.3 crore versus Rs 230.7 crore YoY.

Close

Consolidated revenue increased 10.3 percent YoY to Rs 4,359.7 crore.

Earnings before, interest, tax, depreciation and amortisation (EBITDA) jumped 33 percent to Rs 731.2 crore, while EBITDA margin rose 290 bps YoY to 16.8 percent.

Tax expense for the quarter under review stood at Rs 34.3 crore against Rs 172.9 crore YoY.

Revenue from the formulations business declined four percent YoY. India business revenue was up 2.6 percent QoQ and 11.5 percent YoY.

APAC business revenue declined 5.4 percent and EMEA business revenue rose 22.7 percent QoQ

Latin America business and API business revenues fell 6.8 percent and 12.5 percent QoQ.

The company has provided $53.5 million in July-September quarter for settlement of a US Lawsuit.

At 15:09 hours, the stock was quoting Rs 774.60, up Rs 19.75, or 2.62 percent on the BSE.

Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Nov 6, 2019 03:22 pm

tags #Results

Loading...
Follow us on
Available On