Lupin Ltd (BOM:500257)
₹ 1629.2 21.55 (1.34%) Market Cap: 742.71 Bil Enterprise Value: 745.05 Bil PE Ratio: 39.53 PB Ratio: 5.28 GF Score: 86/100
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Half Year 2022 Lupin Ltd Earnings Call Transcript

Oct 28, 2021 / 11:00AM GMT
Release Date Price: ₹882.05 (-5.84%)
Operator

(technical difficulty)

(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Lupin management. Thank you, and over to you, sir.

Kamal Kishore Sharma
Lupin Limited - Vice Chairman of the Board

Yes. Hello. Good afternoon, and welcome to this earnings call. You have the results with you, and I know you have lots of questions. So I would straight away hand it over to Ramesh to explain the financial details, and then we'll open the floor for question and answers. Over to you, Ramesh.

Ramesh Swaminathan
Lupin Limited - Global CFO, Head of Corporate Affairs & Executive Director

Thank Dr. Sharma, and welcome back, friends, hope that you and your family are keeping fine. I'll begin with the commentary on the sales. Sales for quarter 2 FY '22 are INR 4,003 crores as compared to INR 4,237 crores in Q1 FY '22, a 5.5% degrowth and 5.9% growth as compared to Q2 FY '21 sales. But you recognize that adjusted for NCE licensing income, the quarter-on-quarter

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