Lupin Q4 net slightly up at Rs249 crore
10 May 2012
Lupin Laboratories has posted a net profit of Rs248.89 crore during fiscal fourth quarter ended 31 March 2012, against a net profit of Rs243.75 crore during the quarter ended 31 March 2011.
The company's total income during the quarter ended 31 March 2012 increased to Rs1,467.74 crore from Rs1,223.33 crore in the previous year quarter.
For the financial year ended 31 March 2012, Lupin posted a net profit of Rs804.37 crore against Rs809.98 crore during the year ended 31 March 2011. Total income of the company increased to Rs5,388.32 crore during the year ended 31 March 2012 from Rs4,511.46 crore during the year ended 31 March 2011.
Group net profit (after taxes, minority interest and share of loss in associates) for the quarter ended 31 March 2012 stood at Rs155.64 crore against Rs227.20 crore during the quarter ended 31 March 2011.
Total income of the group during the quarter ended 31 March 2012 increased to Rs1,932.09 crore from Rs1,556.85 crore during the quarter ended 31 March 2011.
For the financial year ended 31 March 2012, the group reported a net profit of Rs867.65 crore against Rs862.55 crore during the year ended 31 March 2011.
The total income for the year ended 31 March 2012 increased to Rs7,097.26 crore from Rs5841.16 crore during the previous year ended 31 March 2011.
The board of directors of Lupin Ltd at its meeting today, inter alia, recommended payment of dividend at the rate of 160 per cent, ie, Rs3.20 per equity share of the face value of Rs2 each for the year ended 31 March 2012, the company said in a filing with the Bombay Stock Exchange (BSE).