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08-11-2024 04:19 PM | Source: Accord Fintech
Lupin inches up on reporting 74% rise in Q2 consolidated net profit

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Lupin is currently trading at Rs. 2110.75, up by 0.20 points or 0.01% from its previous closing of Rs. 2110.55 on the BSE.

The scrip opened at Rs. 2144.00 and has touched a high and low of Rs. 2154.00 and Rs. 2080.00 respectively. So far 115331 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2312.00 on 05-Sep-2024 and a 52 week low of Rs. 1153.55 on 13-Nov-2023.

Last one week high and low of the scrip stood at Rs. 2217.50 and Rs. 2080.00 respectively. The current market cap of the company is Rs. 96220.63 crore.

The promoters holding in the company stood at 46.96%, while Institutions and Non-Institutions held 46.60% and 6.44% respectively.

Lupin has reported 47.24% rise in its net profit at Rs 807.76 crore for the quarter ended September 30, 2024 as compared to Rs 548.61 crore for the same quarter in the previous year. Total income of the company increased by 12.32% at Rs 4138.82 crore for Q2FY25 as compared to Rs 3684.83 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 73.52% in net profit at Rs 859.48 crore for Q2FY25 as compared to Rs 495.32 crore for the same quarter in the previous year. Total income of the company increased by 12.52% at Rs 5715.02 crore for Q2FY25 as compared to Rs 5078.96 crore for the corresponding quarter previous year.