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Lupin's Q2 numbers were in line with street estimates, with margins slightly higher. MD Nilesh Gupta believes the company is back on its growth trajectory and will post better numbers going forward.
He is positive on Dr Reddy mainly because the company is going to benefit significantly in FY14 and FY15 from the new launches and at the same time the margins will also be higher. He does not expect any major surprise coming in Lupins' quarterly result.
According to ICICIdirect.com, Lupin to report a 6.4 percent degrowth quarter-on-quarter (up 29.3 percent Y-o-Y) in net profit at Rs 375.6 crore.
According to Motilal Oswal, Lupin may report a 4.9 percent degrowth quarter-on-quarter (up 15 percent Y-o-Y) in net profit at Rs 316.8 crore.
In an interview to CNBC-TV18, Sharma credits the foreign exchange for about 2 percent EBITDA growth in the company‘s earnings.
Sarabjit Kour Nangra of Angel Broking believes that India‘s drug pricing policy impacted Lupin‘s earnings for June quarter. The pharmaceutical major posted a 43 percent net profit year-on-year (YoY), but revenues rose lower-than-expected 10 percent YoY.
Lupin's revenues may increase by 19 percent on yearly basis to Rs 2,674 crore during April-June quarter. Previous quarter (Q4) was the 26th consecutive quarter of revenue growth of over 15 percent Y-o-Y.
Emkay Equity Advisory expects Lupin to report a 20.5 percent degrowth quarter-on-quarter (rise of 15.7 percent year-on-year) in net profit at Rs 324.5 crore.
KR Choksey expects Lupin to report a 6 percent degrowth quarter-on-quarter (rise of 37 percent year-on-year) in net profit at Rs 384 crore.
CNBC-TV18‘s Archana Shukla reports that the pharma sector‘s fortunes in the January-March quarter were dictated by the US market while the sector's earnings were mixed.
Kamal Sharma, MD, Lupin Ltd says, in an interview to CNBC-TV18, that the attention to margins, quality and control on costs caused fourth-quarter net to double
Healthcare firm Lupin will announce its fourth quarter (January-March) earnings on Wednesday. Analysts on an average expect the profit after tax to grow by 108.3 percent year-on-year to Rs 324 crore, according to CNBC-TV18 poll.
Motilal Oswal has come with its March`13 quarterly earning estimates for healthcare sector. The research firm expects a top line growth of 17.4% YoY and EBITDA growth of 21.3% YoY for our pharma universe (excluding one-offs).
In an interview to CNBC-TV18, Kamal Sharma, managing director, Lupin gives his reaction on the company's positive Q3 results. The company's results beat expectations with itts profits jumping 43% to Rs 335 crore.
Healthcare firm Lupin is set to declare its results for the third quarter of financial year 2012-13 on Thursday. Analysts on an average expect profit after tax of the company to grow by 27 percent year-on-year to Rs 299 crore in the quarter.
Drug producer Lupin's consolidated profit after tax is likely to go up by 4.7 percent year-on-year to Rs 279.3 crore in the second quarter of FY13.
Drug producer Lupin's consolidated profit after tax is likely to go up by 4.7 percent year-on-year to Rs 279.3 crore in the second quarter of FY13.
Kamal Sharma, MD, Lupin explains to CNBC-TV18 that the 44% growth in the topline was driven primarily by the excellent performance of generics, launch of new products in the US, Japan and India, and the recent signing of a pact to launch Novartis‘ Onbrez brand for asthama.
Drug producer Lupin's profit after tax is likely to grow by 27% year-on-year and 71.6% quarter-on-quarter to Rs 267 crore in the quarter ended June 2012.
Drug producer Lupin's profit after tax is likely to grow by 27% year-on-year and 71.6% quarter-on-quarter to Rs 267 crore in the quarter ended June 2012.
Higher tax expenses led to a decline in consolidated net profit of pharma company, Lupin in the fourth quarter of FY12. The company posted a decline of 31% year-on-year to Rs 156 crore. However, net sales were up 25% between January-March at Rs 1,883.2 crore.
Pharmaceutical company Lupin is expected to report a growth of 17.9% year-on-year and 14% quarter-on-quarter in its profit after tax of Rs 267 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
In an interview to CNBC-TV18, Dr Kamal K Sharma, managing director, Lupin said, the company will be able to maintain its performance during the year.
Lupin is expected to report a profit after tax of Rs 233 crore in the quarter ended December FY12, a moderate growth of 4% as compared to Rs 224 crore in a year ago quarter.
After a sluggish first quarter, pharma universe reported some encouraging numbers in the second quarter. This is with some support from stable growth in certain geographies but inflationary pressures taking a test on the other hand report CNBC-TV18's Archana Shukla.