May 13, 2021 / 12:00PM GMT
Operator
Hello, and welcome, everyone. Welcome to Lupin Investor Communication FY 2021. (Operator Instructions)
Please note that this conference is being recorded. I now hand the conference over to Lupin management. Thank you. Over to you, sir.
Kamal Kishore Sharma - Lupin Limited - Vice Chairman of the Board
Yes. Hello. Good evening. My name is Kamal Sharma. I have with me my colleagues, Vinita Gupta, CEO; Nilesh Gupta, the Managing Director; Ramesh Swaminathan, CFO of the company; Arvind Bothra, Head of Investor Relations; and Vishal Rathi. And it's my pleasure to welcome you all on all our behalf. You already have the financial results in your hands.
And you would have seen that we've had a good quarter. And what you get to see is that while we might have had a lower sales by 4% sequential quarter, our sales year-on-year are flat for the quarter. Reasons are pretty obvious. We -- the fourth quarter for India, which is almost 34% of our business is generally soft, and it was a very poor in the U.S.
So they were obviously challenges for some
Full Year 2021 Lupin Ltd Earnings Call Transcript
May 13, 2021
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