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RAJIV GUPTA (SEBI RA)

6th Nov · SEBI-Registered Analyst

Strong performances eve - Lupin Ltd

Code BSE: 500257 NSE:

LUPIN
A) Financial Highlights – Q2 FY2026 a) Gross Profit was Rs 50,066 Mn compared to Rs 38,071 Mn in Q2 FY2025, with a gross margin of 73.3%. b) Personnel cost was 16.2% of sales at Rs 11,056 Mn compared to Rs 10,075 Mn in Q2 FY2025. c) Manufacturing and other expenses were 29.0% of sales at Rs 19,796 Mn compared to Rs 16,670 Mn in Q2 FY2025. d) PBT at Rs 20,070 Mn at 29.4%, up 90.3% YoY from Rs10,549 Mn in Q2 FY2025. e) Investment in R&D for the quarter was Rs 5,091 Mn (7.5% of sales).

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lupin06112025.pdf
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