Lupin zooms on reporting strong Q1 numbers; consolidated net profit jumps 78%
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Lupin is currently trading at Rs. 2007.35, up by 100.35 points or 5.26% from its previous closing of Rs. 1907.00 on the BSE.
The scrip opened at Rs. 2011.00 and has touched a high and low of Rs. 2025.00 and Rs. 1953.00 respectively. So far 77613 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,025.00 on 07-Aug-2024 and a 52 week low of Rs. 1,061.25 on 21-Aug-2023.
Last one week high and low of the scrip stood at Rs. 2025.00 and Rs. 1901.45 respectively. The current market cap of the company is Rs. 90599.03 crore.
The promoters holding in the company stood at 46.98%, while Institutions and Non-Institutions held 46.10% and 6.92% respectively.
Lupin has reported 86.43% rise in net profit at Rs 889.18 crore for first quarter ended June 30, 2024 as compared to Rs 476.96 crore for the same quarter in the previous year. Total income of the company increased by 19.37% at Rs 4,205.85 crore for Q1FY25 as compared to Rs 3,523.38 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 77.69% rise in its net profit at Rs 805.54 crore for the quarter ended June 30, 2024 as compared to Rs 453.33 crore for the same quarter in the previous year. Total income of the company increased by 17.19% at Rs 5,668.11 crore for Q1FY25 as compared to Rs 4,836.89 crore for the corresponding quarter previous year.
