For the entire 2020-21 fiscal, the drug maker posted a consolidated net profit of Rs 1,216 crore. The company had reported a net loss of Rs 269 crore in 2019-20 financial year.
Total income from operations for the last fiscal stood at Rs 15,163 crore, as compared to Rs 15,375 crore in 2019-20.
"We are happy that the journey to sustain margin improvement continues, despite a challenging environment. On the back of a strong ramp-up of inline products and meaningful new product launches, we are confident of a solid growth trajectory and continued margin expansion," Lupin Ltd Managing Director Nilesh Gupta said.
Ensuring the safety of our employees while maintaining business continuity is a key priority at this time, he added.
The company said its board has recommended a dividend of Rs 6.5 per equity share of the face value of Rs 2 each aggregating to Rs 295 crore.
The drug firm noted that its capital expenditure for the fourth quarter stood at Rs 140 crore and for the full year (FY21) at Rs 628 crore.
Besides, the company's net debt as on March 31, 2021 stood at Rs 663 crore, it added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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