Lupin Q1 FY24 Growth Metrics and ESG Goals

Key Financial Metrics: Quarterly Trend R&D (INR mn) Capex (INR mn) Net debt/Equity 3,679 1,540 1,555 3,376 1,502 3,050 0.27 2,896 1,171 0.25 8.3% 7.8% 6.8% 7.0% 3.8% 3.7% 3.5% 2.6% 0.20 0.10 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY23 FY23 FY23 FY24 IR&D (INR Mn) -R&D (% of Sales) FY23 FY23 FY23 ICapex (INR Mn) FY24 Q2 FY23 Q3 FY23 Q4 Q1 FY23 FY24 -Capex % of Sales LUPIN 9

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