LUPIN quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Lupin Ltd reported sales of ₹8,277 Cr, operating profit of ₹2,450 Cr (OPM 30%) and net profit of ₹1,417 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
LUPIN quarterly results (₹ Cr)
Metric
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sales
5,673
5,768
5,667
6,268
7,048
7,168
7,475
8,277
YoY Sales growth
13
11
14
12
24
24
32
32
Expenses
4,332
4,412
4,346
4,541
4,706
4,906
4,989
5,827
Operating Profit
1,340
1,356
1,321
1,727
2,341
2,262
2,486
2,450
OPM
24%
24%
23%
28%
33%
32%
33%
30%
Other Income
42
54
57
79
90
-312
9
130
Interest
71
67
89
92
108
115
120
110
Depreciation
257
271
393
299
317
313
447
453
Profit before tax
1,055
1,071
896
1,416
2,007
1,522
1,928
2,017
Tax
19%
20%
13%
14%
26%
22%
24%
30%
Net Profit
859
859
782
1,221
1,485
1,181
1,469
1,417
EPS in Rs
18.69
18.74
16.92
26.69
32.36
25.73
31.94
30.95
LUPIN profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
16,405
16,642
20,011
22,708
27,958
29,967
Sales growth
8
1
20
13
23
28
Expenses
16,187
14,921
16,211
17,430
19,798
20,428
Operating Profit
219
1,721
3,800
5,278
8,160
9,538
OPM
1.3%
10%
19%
23%
29%
32%
Other Income
210
151
131
202
523
-82
Interest
143
274
312
295
434
452
Depreciation
1,659
881
1,197
1,169
1,376
1,529
Profit before tax
-1,372
716
2,422
4,015
6,873
7,474
Tax
10%
38%
20%
18%
22%
-
Net Profit
-1,528
448
1,936
3,306
5,355
5,551
EPS in Rs
-33.62
9.45
42.01
71.88
116.65
120.98
Dividend Payout
-12%
42%
19%
17%
15%
-
LUPIN balance sheet (₹ Cr)
Metric
Mar 2023
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Equity Capital
91
91
91
91
91
Reserves
12,374
14,199
17,112
19,541
22,357
Borrowings
4,542
2,922
5,448
6,217
6,616
Other Liabilities
5,794
6,539
6,327
7,651
9,082
Total Liabilities
22,800
23,751
28,978
33,500
38,146
Fixed Assets
8,355
8,878
9,719
10,252
10,994
CWIP
1,238
773
517
593
1,016
Investments
517
1,075
1,146
3,331
3,670
Other Assets
12,690
13,026
17,596
19,325
22,466
Total Assets
22,800
23,751
28,978
33,500
38,146
LUPIN cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
367
1,897
3,648
3,000
7,334
Cash from Investing Activity
1,292
-1,287
-1,712
-4,172
-3,865
Cash from Financing Activity
-1,572
-337
-2,184
1,732
-846
Net Cash Flow
87
273
-248
560
2,624
Free Cash Flow
-531
436
2,732
1,347
5,527
CFO/OP
146%
124%
105%
74%
105%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit