Quarterly results · LUPIN
LUPIN LIMITED reported revenue of ₹7,827 cr and net profit of ₹1,155 cr in Q2 FY27 (quarter ended 30 Sept 2026). Below is the full quarter-wise results table with revenue, operating profit, margins, tax, EPS and annual history — updated when Yahoo Finance publishes updated financial statements; exchange filings can appear earlier.
| Quarter | Q2 FY27 |
|---|---|
| Quarter ended | 30 Sept 2026 |
| Revenue | ₹7,827 cr |
| Revenue YoY | — |
| Operating profit | ₹1,559 cr |
| Operating margin | 19.9% |
| Net profit | ₹1,155 cr |
| Net profit YoY | — |
| Net profit QoQ | -18.4% |
| Net margin | 14.8% |
| Basic EPS | ₹25.27 |
| TTM revenue | ₹30,537 cr |
| TTM net profit | ₹5,206 cr |
| TTM net margin | 17.0% |
LUPIN LIMITED (LUPIN) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹7,827 cr and a net profit of ₹1,155 cr, translating into earnings per share of ₹25.27.
Operating profit for the quarter stood at ₹1,559 cr, an operating margin of 19.9%.
Revenue
₹7,827 cr
— YoY
Net profit
₹1,155 cr
— YoY
Operating profit
₹1,559 cr
— YoY
EPS
₹25.27
— YoY
Swipe sideways to see all columns →
| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
|---|---|---|---|---|---|---|---|---|
| Q2 FY272026-09-30 | ₹7,827 cr | ₹1,559 cr | ₹1,155 cr | 19.9% | 14.8% | ₹25.27 | — | -18.4% |
| Q1 FY272026-06-30 | ₹8,217 cr | ₹2,099 cr | ₹1,415 cr | 25.5% | 17.2% | ₹30.95 | +16.1% | -3.1% |
| Q4 FY262026-03-31 | ₹7,392 cr | ₹1,724 cr | ₹1,460 cr | 23.3% | 19.8% | ₹31.96 | +89.0% | +24.2% |
| Q3 FY262025-12-31 | ₹7,100 cr | ₹1,897 cr | ₹1,176 cr | 26.7% | 16.6% | ₹25.74 | — | -3.6% |
| Q1 FY262025-06-30 | ₹6,164 cr | ₹1,342 cr | ₹1,219 cr | 21.8% | 19.8% | ₹26.70 | — | +57.8% |
| Q4 FY252025-03-31 | ₹5,562 cr | ₹899 cr | ₹773 cr | 16.2% | 13.9% | ₹16.93 | — | — |
| TTM (last 4 quarters) | ₹30,537 cr | ₹7,278 cr | ₹5,206 cr | 23.8% | 17.0% | ₹113.92 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
|---|---|---|---|---|---|---|
| Revenue / Sales | ₹7,827 cr | ₹8,217 cr | ₹7,392 cr | ₹7,100 cr | ₹6,164 cr | ₹5,562 cr |
| Total expenses | ₹6,374 cr | ₹6,119 cr | ₹5,668 cr | ₹5,204 cr | ₹4,821 cr | ₹4,663 cr |
| Gross profit | — | ₹6,128 cr | ₹5,540 cr | ₹5,222 cr | ₹4,392 cr | ₹3,876 cr |
| Operating profit (EBIT) | ₹1,559 cr | ₹2,099 cr | ₹1,724 cr | ₹1,897 cr | ₹1,342 cr | ₹899 cr |
| Operating margin | 19.9% | 25.5% | 23.3% | 26.7% | 21.8% | 16.2% |
| Interest cost | ₹106 cr | ₹110 cr | ₹120 cr | ₹115 cr | ₹91.76 cr | ₹89.1 cr |
| Profit before tax | ₹1,580 cr | ₹2,017 cr | ₹1,928 cr | ₹1,522 cr | ₹1,416 cr | ₹896 cr |
| Tax expense | ₹424 cr | ₹600 cr | ₹459 cr | ₹342 cr | ₹194 cr | ₹113 cr |
| Effective tax rate | 26.9% | 29.8% | 23.8% | 22.4% | 13.7% | 12.7% |
| Net profit (PAT) | ₹1,155 cr | ₹1,415 cr | ₹1,460 cr | ₹1,176 cr | ₹1,219 cr | ₹773 cr |
| Net profit margin | 14.8% | 17.2% | 19.8% | 16.6% | 19.8% | 13.9% |
| Basic EPS | ₹25.27 | ₹30.95 | ₹31.96 | ₹25.74 | ₹26.70 | ₹16.93 |
| Diluted EPS | — | ₹30.89 | ₹31.89 | ₹25.67 | ₹26.62 | ₹16.87 |
| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|---|
| Revenue YoY | — | +33.3% | +32.9% | — | — | — |
| Revenue QoQ | -4.7% | +11.2% | +4.1% | +15.2% | +10.8% | — |
| Operating profit YoY | — | +56.3% | +91.8% | — | — | — |
| Operating profit QoQ | -25.7% | +21.7% | -9.1% | +41.3% | +49.3% | — |
| Net profit YoY | — | +16.1% | +89.0% | — | — | — |
| Net profit QoQ | -18.4% | -3.1% | +24.2% | -3.6% | +57.8% | — |
| EPS YoY | — | +15.9% | +88.8% | — | — | — |
| EPS QoQ | -18.4% | -3.2% | +24.2% | -3.6% | +57.7% | — |
Full-year performance for LUPIN LIMITED, useful for reading each quarter in context.
| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
|---|---|---|---|---|
| Revenue / Sales | ₹27,488 cr | ₹22,192 cr | ₹19,656 cr | ₹16,270 cr |
| Total expenses | ₹20,669 cr | ₹17,847 cr | ₹16,860 cr | ₹15,381 cr |
| Gross profit | ₹19,377 cr | ₹14,736 cr | ₹12,510 cr | ₹9,005 cr |
| Operating profit (EBIT) | ₹6,818 cr | ₹4,345 cr | ₹2,797 cr | ₹889 cr |
| Operating margin | 24.8% | 19.6% | 14.2% | 5.5% |
| Interest cost | ₹413 cr | ₹271 cr | ₹279 cr | ₹240 cr |
| Profit before tax | ₹6,873 cr | ₹4,015 cr | ₹2,422 cr | ₹716 cr |
| Tax expense | ₹1,517 cr | ₹709 cr | ₹487 cr | ₹269 cr |
| Effective tax rate | 22.1% | 17.7% | 20.1% | 37.5% |
| Net profit (PAT) | ₹5,333 cr | ₹3,282 cr | ₹1,914 cr | ₹430 cr |
| Net profit margin | 19.4% | 14.8% | 9.7% | 2.6% |
| Basic EPS | ₹116.75 | ₹71.95 | ₹42.05 | ₹9.46 |
| Diluted EPS | ₹116.44 | ₹71.69 | ₹41.87 | ₹9.41 |
Topline for Q2 FY27 came in at ₹7,827 cr, and ₹8,217 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue declined -4.7%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹6,374 cr, or 81.4% of revenue.
Net profit of ₹1,155 cr works out to a net margin of 14.8%.
Below the operating line, LUPIN LIMITED reported profit before tax of ₹1,580 cr, a tax charge of ₹424 cr (effective rate 26.9%), interest cost of ₹106 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹1,415 cr in Q1 FY27 to ₹1,155 cr in Q2 FY27, a change of -18.4%.
Across the trailing four quarters LUPIN LIMITED has generated revenue of ₹30,537 cr and net profit of ₹5,206 cr, a trailing net margin of 17.0%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹27,488 cr with net profit of ₹5,333 cr and EPS of ₹116.75, versus the prior year where revenue grew +23.9% and profit grew +62.5%.
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
| Board meeting date | Purpose | Details |
|---|---|---|
| 3 Nov 2026 | Financial Results/Other business matters | To consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. |
In Q2 FY27 (quarter ended 30 Sept 2026), LUPIN LIMITED reported revenue of ₹7,827 cr and net profit of ₹1,155 cr. EPS stood at ₹25.27.
LUPIN LIMITED posted a net profit margin of 14.8% and an operating margin of 19.9% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹30,537 cr and net profit ₹5,206 cr.
LUPIN LIMITED net profit changed -18.4% quarter on quarter, from ₹1,415 cr in Q1 FY27 to ₹1,155 cr in Q2 FY27.
LUPIN LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Our latest LUPIN results coverage — "Lupin Limited Q2 FY27 Results: Net Profit ₹1,155 cr" — breaks down revenue, profit, margins and management commentary.
For FY26, LUPIN LIMITED reported full-year revenue of ₹27,488 cr and net profit of ₹5,333 cr, with EPS of ₹116.75.
LUPIN has held 1 recent board meetings for financial results, the last on 3 Nov 2026.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 4 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
