Lupin reported a 109% rise in its net profit for the third quarter. Net sales increased 40.63% to Rs. 19764.20 million while net profit grew 108.89% to Rs. 4483.00 million. Earnings per share increased to Rs. 9.98 from Rs. 4.79 in the previous year, as the company's net profit margin improved to 22.68% from 15.27%. The stock price closed 0.87% higher following the announcement of the third quarter results.