Lupin (LUPIN) — Financial Results

Lupin Limited reported record Q2 FY2026 results with total revenue of ₹7,048 crores and EBITDA of ₹2,138 crores, marking 13 consecutive quarters of YoY growth. Revenue grew 24% YoY while EBITDA surged 63% YoY, with margins expanding 750 bps to 31.3%. U.S. business grew 47% YoY (USD 315 million), India grew 3.4% YoY, and Emerging Markets grew 45% YoY. Regulatory approvals included generic Victoza and Risperdal LAI. Net cash position strengthened to ₹1,665 crores from ₹310 crores. Management raised FY26 EBITDA margin guidance and expects 24-25% margins in FY27, with planned investments including USD 250 million Coral Springs manufacturing facility.

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About Lupin Limited (LUPIN)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹1,04,071.47 Cr P/E: 36.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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