Lupin FY'06 net surges 88.36 pc to Rs 173 cr, dividend at 65 pc

Mumnbai, May 17 (UNI) Pharma major Lupin has posted 88.36 per cent increase in net profit to Rs 172.99 crore for the year ended March 31, 2006 as compared to Rs 91.84 crore for the year ended March 31, 2005.

Announcing the results, the company said its Total Income (net of excise) has increased by 37.75 per cent to Rs 1769.5 crore for FY 05-06 from Rs 1284.55 crore in FY 04-05.

The company's board of directors at its meeting today recommended 65 per cent dividend for the year ended March 31, 2006, which works out to Rs 6.50 per equity share of the face value of Rs 10 each.

UNI SN ADG SKB1853