Jan 29, 2021 / 02:30AM GMT
Operator
Hello, everyone. Welcome to Quarter 3 FY '21 Earnings Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Lupin management. Thank you, and over to you, sir.
Kamal Sharma -
Yes. Good morning, everyone. I'm Kamal Sharma. It's a pleasure to connect with you for the Q3 performance. I have with me Vinita Gupta, Nilesh, Ramesh Swaminathan, Vishal Rathi and Arvind Bothra from the management to address this conference.
As you would have seen by now, we've had a very strong quarter. I think the sales at INR 3,917 crores are 3.6% higher from the subsequent quarter and 5.4% on corresponding quarter. There has been substantial improvement in the EBITDA margins, as we've been speaking about over earlier earning calls. Team has worked hard and delivered a good EBITDA margin. And also, I'm pleased to say that our effective tax rate has substantially improved because most of our major subsidiaries have done well this quarter, and we do look forward to delivering similar performances going forward.
Q3 2021 Lupin Ltd Earnings Call Transcript
Jan 29, 2021
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