Lupin Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

7,474.66

7,167.52

7,047.51

6,268.34

5,667.13

5,767.71

5,672.73

Other Operating Income

0.00

Total Operating income

7,474.66

7,167.52

7,047.51

6,268.34

5,667.13

5,767.71

5,672.73

Raw Material Cost

1,231.30

1,124.82

1,139.15

1,126.63

1,109.46

1,084.09

1,118.12

Purchase of Finished goods

708.41

719.73

724.92

713.95

575.69

766.39

659.98

(Increase) / Decrease In Stocks

-88.08

33.58

-39.30

-68.65

1.05

-128.93

-88.16

Employee Cost

1,242.69

1,143.28

1,105.56

1,083.00

1,001.25

984.39

1,007.52

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,894.76

1,884.26

1,775.85

1,686.17

1,658.51

1,705.87

1,634.91

Total Expenditure (Excl Depreciation)

4,989.08

4,905.67

4,706.18

4,541.10

4,345.96

4,411.81

4,332.37

Operating Profit (PBDIT) excl Other Income

2,485.58

2,261.85

2,341.33

1,727.24

1,321.17

1,355.90

1,340.36

Other Income

140.71

114.70

90.00

79.04

56.95

53.71

42.29

Operating Profit (PBDIT)

2,626.29

2,376.55

2,431.33

1,806.28

1,378.12

1,409.61

1,382.65

Interest

120.16

114.98

107.59

91.76

89.10

66.89

70.87

Exceptional Items

-131.34

-426.57

0.00

Gross Profit (PBDT)

2,374.79

1,835.00

2,323.74

1,714.52

1,289.02

1,342.72

1,311.78

Depreciation

446.79

312.96

316.77

298.98

393.18

271.45

256.92

Profit Before Tax

1,928.00

1,522.04

2,006.97

1,415.54

895.84

1,071.27

1,054.86

Tax

459.33

341.53

522.14

194.08

113.46

212.41

195.38

Provisions and contingencies

0.00

Profit After Tax

1,468.67

1,180.51

1,484.83

1,221.46

782.38

858.86

859.48

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,468.67

1,180.51

1,484.83

1,221.46

782.38

858.86

859.48

Share in Profit of Associates

0.00

Minority Interest

8.33

4.96

6.91

2.43

9.86

3.70

6.85

Other related items

0.00

Consolidated Net Profit

1,460.34

1,175.55

1,477.92

1,219.03

772.52

855.16

852.63

Equity Capital

91.44

91.37

91.36

91.35

91.32

91.25

91.23

Face Value

2.0

Reserves

0.00

15,550.60

Earnings per share (EPS)

31.94

25.73

32.35

26.69

16.92

18.74

18.69

Diluted Earnings per share

34.75

25.67

32.28

26.62

16.87

18.69

18.64

Operating Profit Margin (Excl OI)

33.63%

31.86%

34.27%

28.02%

23.75%

24.13%

24.38%

Gross Profit Margin

32.13%

25.84%

34.02%

27.82%

23.17%

23.9%

23.86%

PAT Margin

19.87%

16.63%

21.74%

19.82%

14.07%

15.29%

15.64%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 4.29% vs 1.70% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 24.23% vs -20.46% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 9.89% vs -3.39% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 4.51% vs 6.87% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of Lupin With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

7,474.66

7,074.48

400.18

5.66%

Other Operating Income

0.00

Total Operating income

7,474.66

7,074.48

400.18

5.66%

Raw Material Cost

1,231.30

1,461.96

-230.66

-15.78%

Purchase of Finished goods

708.41

1,248.64

-540.23

-43.27%

(Increase) / Decrease In Stocks

-88.08

-78.52

-9.56

-12.18%

Employee Cost

1,242.69

1,324.98

-82.29

-6.21%

Power Cost

0.00

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,894.76

1,862.36

32.40

1.74%

Total Expenditure (Excl Depreciation)

4,989.08

5,819.42

-830.34

-14.27%

Operating Profit (PBDIT) excl Other Income

2,485.58

1,255.06

1,230.52

98.04%

Other Income

140.71

206.34

-65.63

-31.81%

Operating Profit (PBDIT)

2,626.29

1,461.40

1,164.89

79.71%

Interest

120.16

14.03

106.13

756.45%

Exceptional Items

-131.34

-275.91

144.57

52.40%

Gross Profit (PBDT)

2,374.79

1,171.46

1,203.33

102.72%

Depreciation

446.79

278.35

168.44

60.51%

Profit Before Tax

1,928.00

893.11

1,034.89

115.87%

Tax

459.33

218.55

240.78

110.17%

Provisions and contingencies

0.00

Profit After Tax

1,468.67

674.56

794.11

117.72%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,468.67

674.56

794.11

117.72%

Share in Profit of Associates

0.00

-0.31

0.31

100.00%

Minority Interest

8.33

-1.55

9.88

637.42%

Other related items

0.00

Consolidated Net Profit

1,460.34

675.80

784.54

116.09%

Equity Capital

91.44

161.55

-70.11

-43.40%

Face Value

2.00

0.00

Reserves

0.00

Earnings per share (EPS)

31.94

8.37

23.57

281.60%

Diluted Earnings per share

34.75

8.36

26.39

315.67%

Operating Profit Margin (Excl OI)

33.63%

18.02%

0.00

15.61%

Gross Profit Margin

32.13%

16.82%

0.00

15.31%

PAT Margin

19.87%

9.69%

0.00

10.18%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 7,474.66 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 4.29% vs 1.70% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 31.89% vs 14.24% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 1,460.34 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 24.23% vs -20.46% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 89.04% vs 114.93% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 2,485.58 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 9.89% vs -3.39% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 88.13% vs 32.53% in Mar 2025

Quarterly - Interest

Interest 120.16 Cr

in Mar 2026

Figures in Cr

QoQ Growth in quarter ended Mar 2026 is 4.51% vs 6.87% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 34.86% vs 24.98% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 33.63%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025