<>
<>
<>
LUPIN LIMITED

Registered Office: 159, C.S.T. Road, Kalina, Santacruz (East),
Mumbai - 400 098. UNAUDITED FINANCIAL RESULTS FOR
THE QUARTER ENDED JUNE 30, 2008.

(Rs. in Lakhs)


 

Quarter 
 Ended 
 30/06/2008
(Unaudited)

Quarter
Ended 30/06/2007 (Unaudited)
Accounting
 Year Ended 31/03/2008 (Audited)
 
1) Sales (Gross)
     Less: Excise Duty
     Sales (Net)
 
72,794
 1,552
71,242
 61,734
   1,559
  60,175
260,986
   6,617
254,369
2) Other Income
1,881
1,514
19,742
3) Total Income
73,123
61,689
274,11

4) Expenditure

     
  • Decrease/(Increase) in stock  in trade and work-in-progress

(1,028)

(3,799)

(18,417)

  • Consumption of raw and packing materials

21,632

21,069

97,087

  • Purchase of traded goods goods

9,401

8,239

30,952

  • Employees cost 

6,766

5,415

24,182

  • Depreciation and amortisation

1,536

1,269

5,611

  • Manufacturing and other expenses

20,704

18,843

75,493

Total

59,011

51,036

214,908

5 ) Interest and finance charges
865
890
3,439
6 ) Exceptional items
-
-
-
7) Profit from Ordinary Activities before tax
13,247
9,763
55,764

8) Tax Expense

     
  • Current and deferred tax

2,040

1,572

10,280

  • Fringe benefit tax

355

 353

 1,146

9) Net Profit from Ordinary Activities after tax
10,852
7,838
44,338
10) Extraordinary items (net of tax expense)
-
-
-
11) Net profit
10,852
7,838
44,338
12) Paid up equity share capital
      (Face value Rs.10/- each)
8,209
8,151
 8,208
13) Reserves excluding Revaluation Reserves
 
 
123,497
14) Earnings Per Share [EPS] (Not Annualised) Rs.
  • Basic
  • Diluted


13.22
13.15


9.73
9.58


54.31
54.06

15) Public Shareholding
Number of share
Percentage of shareholding

40123939
48.88
39483028
48.44
40117137
48.88
 NOTES:
 
 
 

1. The above financial results were reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at their meeting held on July 22, 2008. The statutory auditors of the Company have carried out limited review of the above results pursuant to Clause 41 of the Listing Agreement.

2. Information on segments has been disclosed on a consolidated basis in accordance with Accounting Standard 17 "Segment Reporting".

3. The aggregate amount of revenue expenditure incurred on Research and Development and shown in the respective heads of account is as under:

       
  Quarter
Ended
30/06/2008
Quarter
Ended
30/06/2007
Accounting
Year Ended
31/03/2008
Rs. in Lakhs

4,091

3,732

15,464

 4. During the quarter, 6,802 equity shares of Rs.10/- each, fully paid-up were allotted on exercise of the veste stock options in accordance with the terms of exercise under the Lupin Employees Stock Option Plans, thereby resulting in an increase in the paid-up share capital by Rs. 1 lakh and securities premium by Rs. 24 lakhs.

 5. There was no unresolved investor complaint pending as on April 01, 2008. The Company received 12 complaints during the quarter which were resolved. There was no unresolved complaint pending as on June 30, 2008.

 6. Figures for the previous periods have been regrouped, wherever necessary, to correspond with the figures of the current period.

By order of the Board
For Lupin Limited
  Place: Mumbai
  Dated: October 24 , 2007

Dr. Desh Bandhu Gupta
   Chairman

   

Download PDF (40KB)

<>
<> <> <>
<>