{"id":338433,"date":"2026-11-04T11:11:23","date_gmt":"2026-11-04T05:41:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/"},"modified":"2026-11-04T11:11:23","modified_gmt":"2026-11-04T05:41:23","slug":"lupin-q2-results-fy27-pat-1155-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/","title":{"rendered":"Lupin Q2 Results FY27: PAT Falls 22.19% YoY, Revenue Rs 7,827.26 Cr, PAT Rs 1,155.30 Cr"},"content":{"rendered":"<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Lupin Q2 Results FY27 were declared on 3 November 2026. On a Consolidated basis, revenue rose 11.06% to Rs 7,827.26 Cr from Rs 7,047.51 Cr, while net profit fell 22.19% to Rs 1,155.30 Cr from Rs 1,484.83 Cr. These quarterly results show YoY growth in sales but a decline in profit.<\/p>\n<\/div>\n<p>Lupin Ltd (LUPIN) Q2 Results FY27 announced on 3 November 2026, covering the company&#8217;s financial performance for the July to September quarter. The results date came right after the quarter closed, and the Consolidated basis means every number covers the group as a whole. Revenue was Rs 7,827.26 Cr and PAT was Rs 1,155.30 Cr, and Lupin Q2 Results FY27 compare both with the same quarter of last year.<\/p>\n<p>This Lupin Q2 Results results analysis covers the financial highlights, the business drivers, the outlook and the risks in order. Univest assembled the figures from the filing, and the Financial Highlights table placed next gives each reported line beside its year-ago value.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=quarterly_results\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Lupin_Q2_Results_FY27_Financial_Highlights\" title=\"Lupin Q2 Results FY27: Financial Highlights\">Lupin Q2 Results FY27: Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Key_Takeaways_from_Lupin_Q2_Results_What_Stands_Out\" title=\"Key Takeaways from Lupin Q2 Results: What Stands Out\">Key Takeaways from Lupin Q2 Results: What Stands Out<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Lupin_Q2_Results_FY27_Performance_Analysis\" title=\"Lupin Q2 Results FY27: Performance Analysis\">Lupin Q2 Results FY27: Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Key_Business_Factors_This_Quarter\" title=\"Key Business Factors This Quarter\">Key Business Factors This Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#FY27_Outlook_After_Lupin_Q2_Results\" title=\"FY27 Outlook After Lupin Q2 Results\">FY27 Outlook After Lupin Q2 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Key_Risks_to_Watch_After_Lupin_Q2_Results_FY27\" title=\"Key Risks to Watch After Lupin Q2 Results FY27\">Key Risks to Watch After Lupin Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Lower_Net_Profit\" title=\"Lower Net Profit\">Lower Net Profit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Narrower_Net_Profit_Margin\" title=\"Narrower Net Profit Margin\">Narrower Net Profit Margin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Lower_Sequential_Revenue\" title=\"Lower Sequential Revenue\">Lower Sequential Revenue<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Frequently_Asked_Questions_on_Lupin_Q2_Results_FY27\" title=\"Frequently Asked Questions on Lupin Q2 Results FY27\">Frequently Asked Questions on Lupin Q2 Results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_are_Lupin_Q2_Results_FY27\" title=\"What are Lupin Q2 Results FY27?\">What are Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_is_the_results_date_for_Lupin_Q2_Results_FY27\" title=\"What is the results date for Lupin Q2 Results FY27?\">What is the results date for Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_revenue_was_reported_in_Lupin_Q2_Results_FY27\" title=\"What revenue was reported in Lupin Q2 Results FY27?\">What revenue was reported in Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_net_profit_was_reported_in_Lupin_Q2_Results_FY27\" title=\"What net profit was reported in Lupin Q2 Results FY27?\">What net profit was reported in Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#How_much_YoY_growth_did_revenue_show_in_Lupin_Q2_Results_FY27\" title=\"How much YoY growth did revenue show in Lupin Q2 Results FY27?\">How much YoY growth did revenue show in Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Did_net_profit_rise_or_fall_in_Lupin_Q2_Results\" title=\"Did net profit rise or fall in Lupin Q2 Results?\">Did net profit rise or fall in Lupin Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_was_the_Operating_Profit_in_Lupin_Q2_Results_FY27\" title=\"What was the Operating Profit in Lupin Q2 Results FY27?\">What was the Operating Profit in Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Are_Lupin_Q2_Results_consolidated_results_or_standalone_results\" title=\"Are Lupin Q2 Results consolidated results or standalone results?\">Are Lupin Q2 Results consolidated results or standalone results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_business_factors_shaped_Lupin_Q2_Results_FY27\" title=\"What business factors shaped Lupin Q2 Results FY27?\">What business factors shaped Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_are_the_key_risks_after_Lupin_Q2_Results_FY27\" title=\"What are the key risks after Lupin Q2 Results FY27?\">What are the key risks after Lupin Q2 Results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#What_is_the_outlook_after_Lupin_Q2_Results\" title=\"What is the outlook after Lupin Q2 Results?\">What is the outlook after Lupin Q2 Results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/lupin-q2-results-fy27-pat-1155-crore\/#Where_can_I_find_the_complete_Lupin_Q2_Results_FY27_data\" title=\"Where can I find the complete Lupin Q2 Results FY27 data?\">Where can I find the complete Lupin Q2 Results FY27 data?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Lupin_Q2_Results_FY27_Financial_Highlights\"><\/span><strong>Lupin Q2 Results FY27: Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27 (Sep 26)<\/th>\n<th>Q2 FY26 (Sep 25)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td><strong>Revenue<\/strong><\/td>\n<td>Rs 7827.26 Cr<\/td>\n<td>Rs 7047.51 Cr<\/td>\n<td>+11.06% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Operating Profit<\/strong><\/td>\n<td>Rs 2044.41 Cr<\/td>\n<td>Rs 2341.33 Cr<\/td>\n<td>-12.68% YoY<\/td>\n<\/tr>\n<tr>\n<td><strong>Net Profit (PAT)<\/strong><\/td>\n<td>Rs 1155.3 Cr<\/td>\n<td>Rs 1484.83 Cr<\/td>\n<td>-22.19% YoY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Source: company filing for Lupin Q2 Results FY27, 3 November 2026. Figures in Rs Crore, Consolidated basis.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Lupin_Q2_Results_What_Stands_Out\"><\/span><strong>Key Takeaways from Lupin Q2 Results: What Stands Out<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Revenue of Rs 7,827.26 Cr<\/strong> is 11.06% above the Rs 7,047.51 Cr booked in the same quarter a year earlier, a solid rise in sales.<\/li>\n<li><strong>Operating Profit of Rs 2,044.41 Cr<\/strong> compares with Rs 2,341.33 Cr last year, a decline of 12.68% even as revenue climbed.<\/li>\n<li><strong>Net profit of Rs 1,155.30 Cr<\/strong> is down 22.19% from Rs 1,484.83 Cr, and Lupin Q2 Results FY27 show a margin of 14.8% against 21.1% a year before.<\/li>\n<li><strong>Return on equity of 27.11%<\/strong> in FY26 is a full-year figure that sits beside the lower net profit of this quarter.<\/li>\n<li><strong>The performance analysis<\/strong> that follows sets the higher revenue against the lower profit lines on a consolidated basis.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Lupin_Q2_Results_FY27_Performance_Analysis\"><\/span><strong>Lupin Q2 Results FY27: Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lupin earned consolidated revenue of Rs 7,827.26 Cr between July and September 2026, which is 11.06% more than the Rs 7,047.51 Cr of the matching quarter in 2025. Operating Profit fell 12.68% to Rs 2,044.41 Cr and net profit fell 22.19% to Rs 1,155.30 Cr. Sales and profit therefore moved in opposite directions over the year, which is the central fact of the quarter.<\/p>\n<p>The results analysis of Lupin Q2 Results FY27 turns on that divergence. Revenue rose by about one ninth while net profit dropped by a little over one fifth, and the margin arithmetic of 14.8% against 21.1% accounts for the difference. The Financial Highlights table above lists each of these numbers for checking.<\/p>\n<p>Readers who follow Lupin Q2 Results will also see in the quarterly results that revenue slipped from the previous quarter, which was Rs 8,276.89 Cr. The supplied numbers show what changed but do not establish the specific cause, so the results analysis moves next to the business factors disclosed.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live results data<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_This_Quarter\"><\/span><strong>Key Business Factors This Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Revenue Growth<\/strong> &#8211; The business factors begin with sales, which grew 11.1% year on year to Rs 7,827.26 Cr in the latest quarter and form the top line of Lupin Q2 Results FY27.<\/p>\n<p><strong>Return on Equity<\/strong> &#8211; Return on equity was 27.11% in FY26, a full-year ratio that shows how much profit the company generated on shareholders&#8217; funds across the last financial year, apart from the quarterly results above.<\/p>\n<p><strong>Return on Capital Employed<\/strong> &#8211; Return on capital employed was 28.86% in FY26, which measures the return earned on all capital used in the business over that year and provides annual context for this single quarter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook_After_Lupin_Q2_Results\"><\/span><strong>FY27 Outlook After Lupin Q2 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The data used here contains no management guidance, so the FY27 view depends on the quarters still to be declared. This results analysis treats net profit of Rs 1,155.30 Cr as one observation that later filings will either support or revise, and it places the Operating Profit of Rs 2,044.41 Cr in the same category, since a single quarter cannot settle the direction of a full financial year.<\/p>\n<p>The next disclosures will show whether the pattern in Lupin Q2 Results FY27 continues or changes. Until then, revenue of Rs 7,827.26 Cr and a margin of 14.8% describe the current consolidated position, and the figures that need the closest attention are laid out in the risks section next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Watch_After_Lupin_Q2_Results_FY27\"><\/span><strong>Key Risks to Watch After Lupin Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Lower_Net_Profit\"><\/span><strong>Lower Net Profit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit fell 22.2% year on year to Rs 1,155.30 Cr. This decline came alongside higher revenue, so the quarter shows that sales growth did not carry through to the bottom line over the year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Narrower_Net_Profit_Margin\"><\/span><strong>Narrower Net Profit Margin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net profit margin narrowed to 14.8% from 21.1% in the comparison quarter. After Lupin Q2 Results FY27, the width of that gap is the figure that later filings will be compared against, since it explains the YoY growth mismatch.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Lower_Sequential_Revenue\"><\/span><strong>Lower Sequential Revenue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue was down 5.4% quarter on quarter from Rs 8,276.89 Cr. This sequential decline stands apart from the rise against last year and can be followed in the next quarterly filing, where readers can check whether revenue returns to the earlier level or settles lower, and whether profit follows the same path as sales.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track quarterly results as they are declared.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Lupin Q2 Results FY27 show consolidated revenue of Rs 7,827.26 Cr, up 11.06% YoY, and net profit of Rs 1,155.30 Cr, down 22.19%. The quarterly results therefore record growth in sales and a decline in profit, with a margin of 14.8% against 21.1%, as the consolidated results table shows. Readers following Lupin Q2 Results can compare companies on the Univest Screener, and should consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Lupin_Q2_Results_FY27\"><\/span><strong>Frequently Asked Questions on Lupin Q2 Results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Lupin_Q2_Results_FY27\"><\/span><strong>What are Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lupin Q2 Results FY27 cover July to September 2026, with consolidated revenue of Rs 7,827.26 Cr and net profit of Rs 1,155.30 Cr, while the Financial Highlights table sets out each reported figure against last year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_results_date_for_Lupin_Q2_Results_FY27\"><\/span><strong>What is the results date for Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lupin declared its Q2 FY27 numbers on 3 November 2026, so every comparison in this article is anchored to that filing date, as the opening paragraphs of the article explain.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_revenue_was_reported_in_Lupin_Q2_Results_FY27\"><\/span><strong>What revenue was reported in Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lupin reported revenue of Rs 7,827.26 Cr for the quarter, compared with Rs 7,047.51 Cr a year earlier, as the Performance Analysis section describes in more detail.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_net_profit_was_reported_in_Lupin_Q2_Results_FY27\"><\/span><strong>What net profit was reported in Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lupin reported net profit of Rs 1,155.30 Cr, compared with Rs 1,484.83 Cr a year earlier, which is why the Key Takeaways section lists it as a decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_YoY_growth_did_revenue_show_in_Lupin_Q2_Results_FY27\"><\/span><strong>How much YoY growth did revenue show in Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue showed YoY growth of 11.06%, rising from Rs 7,047.51 Cr to Rs 7,827.26 Cr, while net profit moved the other way, as the Performance Analysis section explains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_net_profit_rise_or_fall_in_Lupin_Q2_Results\"><\/span><strong>Did net profit rise or fall in Lupin Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit fell 22.19% to Rs 1,155.30 Cr from Rs 1,484.83 Cr, so profit declined even as revenue grew, as the Key Takeaways section notes in its third point.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Operating_Profit_in_Lupin_Q2_Results_FY27\"><\/span><strong>What was the Operating Profit in Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Operating Profit was Rs 2,044.41 Cr, compared with Rs 2,341.33 Cr a year earlier, which means a decline of 12.68% that the Key Takeaways section places between revenue and net profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_Lupin_Q2_Results_consolidated_results_or_standalone_results\"><\/span><strong>Are Lupin Q2 Results consolidated results or standalone results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The figures are consolidated results, covering the whole group and not the parent alone, so each revenue and profit number in the Financial Highlights table is on a Consolidated basis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_factors_shaped_Lupin_Q2_Results_FY27\"><\/span><strong>What business factors shaped Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The factors are revenue growth of 11.1%, return on equity of 27.11% and return on capital employed of 28.86% in FY26, all covered in the Key Business Factors section.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_after_Lupin_Q2_Results_FY27\"><\/span><strong>What are the key risks after Lupin Q2 Results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The risks are the 22.2% fall in net profit, a margin of 14.8% against 21.1% and a 5.4% quarter on quarter revenue decline, which the Key Risks section explains one by one.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_after_Lupin_Q2_Results\"><\/span><strong>What is the outlook after Lupin Q2 Results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No management guidance is attached to the quarter, so the FY27 outlook depends on later filings, as the Outlook section explains in relation to the Rs 1,155.30 Cr net profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_find_the_complete_Lupin_Q2_Results_FY27_data\"><\/span><strong>Where can I find the complete Lupin Q2 Results FY27 data?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The full figures appear in the Financial Highlights table of this article and on the Univest Screener, which lists Lupin alongside other companies that have declared quarterly results.<\/p>\n<p><script type=\"application\/ld+json\" class=\"faq-schema\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are Lupin Q2 Results FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lupin Q2 Results FY27 cover July to September 2026, with consolidated revenue of Rs 7,827.26 Cr and net profit of Rs 1,155.30 Cr, while the Financial Highlights table sets out each reported figure against last year.\"}},{\"@type\":\"Question\",\"name\":\"What is the results 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