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Lupine's net profit increased by 35 percent – lupine's net profit increased by 35 percent

New Delhi, May 29 (PTI) Pharmaceutical company Lupine said that its consolidated net profit in the last quarter of FY 2019-20 increased by 34.55 per cent to Rs 389.63 crore due to increased sales in the domestic market and reduction in tax costs. The company told the stock market on Thursday night that its net profit in the previous financial year was Rs 289.56 crore. The company said its total income in the March quarter was Rs 3,791 crore, compared to Rs 3,807.02 crore in the year-ago period. Lupine Managing Director Nilesh Gupta said that the company

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Language | Updated: 29 May 2020, 11:50:00 AM IST

New Delhi, May 29 (PTI) Pharmaceutical company Lupine said that its consolidated net profit in the last quarter of FY 2019-20 increased by 34.55 per cent to Rs 389.63 crore due to increased sales in the domestic market and reduction in tax costs. The company told the stock market on Thursday night that its net profit in the previous financial year was Rs 289.56 crore. The company said its total income in the March quarter was Rs 3,791 crore, compared to Rs 3,807.02 crore in the year-ago period. Lupine Managing Director Nilesh Gupta said that the company has recorded strong growth and profits in all major markets. During this period, the company's two major markets, America and India, saw strong growth.

Web title lupine's net profit increased by 35 percent(Hindi News from Navbharat Times , TIL Network)

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