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Our Bureau

Mumbai , April 28

LUPIN Ltd has posted a net profit of Rs 26.13 crore for the quarter ended March 31, 2004, compared to Rs 2.28 crore for the quarter ended March 31, 2003. The total income (net of excise) has increased from Rs 249.77 crore in the quarter under review to Rs 303.71 crore in the quarter ended March 31, 2004, the company has informed the BSE.

The company has posted a net profit of Rs 95.09 crore for the year ended March 31, 2004, compared to Rs 73.07 crore for the year ended March 31, 2003. The total income (net of excise) has increased from Rs 959.86 crore in 2003 to Rs 1195.05 crore in the year ended March 31, 2004.

The group posted a consolidated net profit after minority interest at Rs 83.18 crore (Rs 74.39 crore in 2003) for the year ended March 31, 2004. The total income (net of excise) has increased from Rs 1040.58 crore in fiscal 2003 to Rs 1296.97 crore in the financial year ended March 31, 2004. The board has recommended a dividend of Rs 6.5.

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