#lupinshare #lupinshareprice #pharmacompany #lupinltd #businessnews
Pharma company Lupin Ltd reported a 52 percent year-on-year rise in consolidated net profit at Rs 359.43 crore for the January-March quarter of FY24. The company had reported a profit of Rs 235.96 crore in the same period last year. Revenue came in at Rs 4961 crore, up 12 percent from the year-ago quarter of Rs 4,330.3 crore. The company's earnings before interest, taxes, depreciation and amortization (EBITDA) came in at Rs 997 crore, up 72.5 percent from Rs 615 crore. The EBITDA margin came in at 20.1 percent, as against 13 percent in the year-ago period. Watch Exclusive Chat With Ramesh Swaminathan, ED & Global CFO, Lupin.
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