Lupin Q4 Results Live : profit rise by 52.33% YOY

Lupin Q4 Results Live : Lupin declared their Q4 results on 06 May, 2024, with the topline increasing by 11.98% and the profit increasing by 52.33% YoY. However, as compared to the previous quarter, the revenue declined by 4.55% and the profit decreased by 41.38%.

The Selling, general & administrative expenses rose by 1.23% q-o-q and increased by 16.46% Y-o-Y, indicating an increase in operational costs for Lupin.

The operating income saw a decrease of 29.43% q-o-q but a significant increase of 58.7% Y-o-Y, showcasing a strong performance over the past year.

The EPS for Q4 is reported at ₹7.86, marking a 52.41% increase Y-o-Y, reflecting improved profitability for the company.

Lupin has shown positive returns to its investors with 3.94% return in the last week, 40.05% return in the last 6 months, and 26.96% YTD return, indicating good performance over different time frames.

Currently, Lupin holds a market cap of ₹76550.07 Cr with a 52-week high/low of ₹1704.25 and ₹704.1 respectively, showcasing the company's market position and stock performance.

Analysts covering the company have varied opinions with 5 analysts giving a Strong Sell rating, 6 analysts giving a Sell rating, 11 analysts giving a Hold rating, 8 analysts giving a Buy rating, and 1 analyst giving a Strong Buy rating.

The consensus recommendation as of 08 May, 2024, was to Hold, indicating a neutral sentiment towards Lupin's stock.