Lupin Ltd. reported consolidated sales of Rs.7,785.5 crore for Q2 FY27, registering 14% YoY growth compared with Rs.6,831.4 crore in the corresponding quarter last year. However, consolidated net profit declined 22.2% to Rs.1,155.3 crore from Rs.1,484.8 crore. EBITDA also fell 10.7% to Rs.2,171.2 crore, while the EBITDA margin declined to 27.9% from 35.6%.
The company reported that gross profit grew 15.4% YoY to Rs.5,777.4 crore. Lupin continued investing in research and development, with expenditure of Rs.618.1 crore during the quarter, equivalent to 7.9% of sales.
The results indicate that revenue growth was accompanied by pressure on operating profitability. Investors will be watching the company’s margins, product launches and performance across key international markets in the coming quarters.
