Lupin s margin guidance remains around 19.5-20.5%. The company attributes its success to the pivot to complex products, cost-led initiatives, and positive factors like input cost tailwinds. However, there are potential negatives such as disruptions and freight costs that need to be considered. Lupin is just coming to its own in India and would want to replicate this growth.
The company s board will meet later in the day to consider and take on record the unaudited standalone and consolidated results of the company for the quarter and nine-months ended December 31, 2023