Lupin Q2 results: net profit falls 21.8% to Rs 1,155 crore
Lupin said in an NSE filing that its consolidated net profit for the quarter ended 30 September 2026 fell 21.8% to Rs 1,155.3 crore, while revenue from operations rose 11.1% to Rs 7,827.3 crore.
Key points
- Lupin said in its NSE filing that consolidated net profit for Q2 FY27 fell 21.8% to Rs 1,155.3 crore from Rs 1,477.9 crore.
- Consolidated revenue from operations rose 11.1% year on year to Rs 7,827.3 crore but fell 5.4% from the previous quarter.
- Net profit was 18.4% lower than the previous quarter's Rs 1,415.0 crore; the filing gives no reason for the change.
Lupin Limited said in a filing with the National Stock Exchange that its consolidated net profit attributable to the owners of the company for the quarter ended 30 September 2026 (Q2 FY27) fell 21.8% to Rs 1,155.3 crore from Rs 1,477.9 crore a year earlier. Consolidated revenue from operations rose 11.1% to Rs 7,827.3 crore.
What Happened
The company's Board of Directors approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026 at a meeting on 3 November 2026. The filing includes the statutory auditors' limited review reports.
The consolidated figures, from the filing's own table, are:
- Revenue from operations: Rs 7,827.3 crore in Q2 FY27, against Rs 7,047.5 crore in Q2 FY26 (up 11.1% year on year) and Rs 8,276.9 crore in the previous quarter (down 5.4% quarter on quarter).
- Net profit attributable to owners of the company: Rs 1,155.3 crore, against Rs 1,477.9 crore a year earlier (down 21.8%) and Rs 1,415.0 crore in the previous quarter (down 18.4%).
- Earnings per share (basic): Rs 25.27, against Rs 32.36 a year earlier and Rs 30.95 in the previous quarter.
The consolidated table shows no exceptional items in the latest quarter. It shows total tax expense of Rs 424.3 crore in the quarter, against Rs 522.1 crore a year earlier.
The filing also records that shareholders approved a final dividend of Rs 18 per equity share of face value Rs 2 at the 44th Annual General Meeting on 4 August 2026, and that the company paid it on 6 August 2026.
What It Means
These are the company's own reported figures, as filed. They show that Lupin's consolidated revenue from operations was higher than in the same quarter last year but lower than in the April to June quarter, and that its consolidated net profit was lower than in both of those quarters.
The filing does not give a reason for the change in profit. Readers who hold Lupin shares can read the full results, including the notes and the segment information, in the company's filing on the National Stock Exchange website. Complaints against listed companies can be filed with SEBI through its SCORES portal at https://scores.sebi.gov.in.
Oquilia Data: Lupin Ltd. (NSE: LUPIN)
| Close, 3 Nov 2026 | Rs 2,015.90 (+0.97% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −0.75% / −15.76% / −12.55% / −4.44% / +1.62% |
| Against Nifty 50, 1M / 3M / YTD | −6.95 / −11.87 / +4.44 points |
| 52-week closing high / low | Rs 2,514.80 (21 Jul 2026) / Rs 1,922.00 (22 Oct 2026) |
| Turnover, 20-session average | Rs 129.02 cr; 59.1% delivered; latest volume 1.6x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Lupin share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India