Lupin Q1 Profit Up 50% But Regulatory Overhang, Slow Product Scale-Up Sparks Concern

 
• By Penelope MacRae

Lupin’s first-quarter net profit soared nearly 50%, but the strong performance was overshadowed by concerns about regulatory overhang and slower-than-expected scale-up of new products that could jeopardize future revenue growth momentum.

Factory
Regulatory compliance issues at several of its facilities detracted from Lupin's strong financial performance in its fiscal first quarter • Source: Shutterstock

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