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Total income also declined to Rs 126.86 crore in the first quarter of ongoing fiscal from Rs 618.10 crore in the corresponding period of the previous year.
As part of this exercise, sources said, Modi held a meeting with Finance Minister Nirmala Sitharaman and senior officials of the ministry on Tuesday.
Lupin makes everything from heart drugs to asthma and diabetes medicines that are sold in over 100 countries, with its largest market being North America.
While Yes Bank had been able to turn the tide in April and bagged government businesses as well, it will still take long to build a robust liability franchise.
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