May 15, 2018 / 9:37 AM / 11 days ago

BRIEF-India's Lupin Posts March Quarter Consol Net Loss

May 15 (Reuters) - Lupin Ltd:

* MARCH QUARTER CONSOL NET LOSS 7.84 BILLION RUPEES VERSUS PROFIT OF 3.80 BILLION RUPEES LAST YEAR

* MARCH QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 40.34 BILLION RUPEES VERSUS 42.53 BILLION RUPEES LAST YEAR

* RECOMMENDED DIVIDEND OF 5 RUPEES PER SHARE

* CONSENSUS FORECAST FOR MARCH QUARTER CONSOL PROFIT WAS 3.20 BILLION RUPEES

* EXCEPTIONAL ITEM REPRESENTS IMPAIRMENT PROVISION OF 14.64 BILLION RUPEES ON CERTAIN INTANGIBLE ASSETS ACQUIRED AS PART OF GAVIS GROUP ACQUISITION

* NEAR-TERM PRIORITIES INCLUDE RESOLUTION OF WARNING LETTER ON GOA AND INDORE UNIT 2 Source text - bit.ly/2wNg5Tc bit.ly/2Ii4aCx Further company coverage:

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