Feb 10, 2023 / 10:30AM GMT
Operator
Welcome to Lupin Limited Q3 FY 2023 Earnings Conference Call. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to the management. Thank you and over to you.
Vinita D. Gupta - Lupin Limited - CEO & Executive Director
Thank you. Good afternoon, friends. I'm very pleased to welcome you to our Q3 earnings call. I have with me Managing Director, Nilesh; as well as CFO, Ramesh. As you would have noted, we have continued to build on our momentum in Q3 both on revenues and in particular on margins.
I'm very pleased that in Q3, our U.S. business performed well, India business growth improved and API business rebounded as well. On the margin front, we saw the benefit of NPLs in the U.S., seasonal product upside as well, and continued savings from our optimization measures. We are focused on sustaining this positive momentum, in particular as material new product launches start and our recent investment in a sales force expansion in India, starts yielding results.
I will let Ramesh
Q3 2023 Lupin Ltd Earnings Call Transcript
Mar 19, 2024
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