Below are the financial statements of Lupin, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 200.11a | 166.42a |
| Other income | 1.2a | 0.73a |
| Total income | 201.31a | 167.15a |
| Expenses | — | — |
| Cost of materials consumed | -41.42a | -36.88a |
| Purchases of stock-in-trade | -29.59a | -29.38a |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade [(increase)/decrease] | -4.57a | -1.54a |
| Employee benefits expense | -34.95a | -30.87a |
| Finance costs | -3.12a | -2.74a |
| Depreciation, amortisation and impairment expense | -11.97a | -8.81a |
| Other expenses | -60.73a | -50.54a |
| Net (gain)/loss on foreign currency transactions | -0.11a | -0.78a |
| Total expenses | -177.09a | -159.99a |
| Profit before share of profit of joint venture and tax | 24.22a | 7.16a |
| Share of profit from joint venture (net of tax) | 0a | 0a |
| Profit before tax | 24.22a | 7.16a |
| Tax expense | — | — |
| Current tax (net) | -6.34a | -2.46a |
| Deferred tax (net) | -1.47a | -0.22a |
| Total tax expense | -4.87a | -2.69a |
| Profit for the year | 19.36a | 4.48a |
| Share of profit attributable to non-controlling interest | 0.21a | 0.18a |
| Profit for the year attributable to owners of the company | 19.14a | 4.3a |
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