Date:30/07/2004 URL: http://www.thehindubusinessline.com/2004/07/30/stories/2004073000650200.htm

Back Lupin net profit down

Our Bureau

Mumbai , July 29

LUPIN Ltd's net profit has fallen to Rs 20.64 crore for the quarter ended June 30, 2004, from Rs 28.06 crore clocked in the previous year.

Total income (net of excise) has increased from Rs 268.06 crore in the same quarter last year to Rs 302.97 crore in the quarter ended June 30, 2004, the company told BSE.

The company said that the board had appointed Mr Raghu Palat as nominee director of UTI Asset Management Company Pvt Ltd in place of Mr M. Parameswaran.