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Lupin Jan-March net up 68.2 pct; lags forecast

Source : REUTERS
Last Updated: Wed, May 05, 2010 16:50 hrs

Three months ended March 31

(Versus the same period a year earlier, in billion rupees unless stated)

Net Profit 1.48 vs 0.88

Net Sales 9.17 vs 7.04

Results are standalone.

A Reuters poll of brokerages had forecast net profit of 1.88 billion rupees for the quarter.

NOTE: Lupin Ltd is a drug maker.

(Reporting by Kaustubh Kulkarni in MUMBAI)

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