Lupin announced a sharp rise in consolidated net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 55.77% to Rs 6,247.40 million from Rs 4,010.60 million in the same quarter previous year.
Net sales for the quarter rose 34.92% to Rs 33,408.20 million, compared with Rs 24,762 million for the prior year period.
Earnings per share for the quarter stood at Rs 13.87, registering 55.49% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 33,408.20 | 24,761.80 | 34.92 |
| Net Profit | 6,247.40 | 4,010.60 | 55.77 |
| Basic EPS | 13.87 | 8.92 | 55.49 |
Shares of the company gained Rs 33.95, or 3.03%, to trade at Rs 1,152.65. The total volume of shares traded was 160,816 at the BSE (1.48 p.m., Wednesday).
