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10 Cos Benefitting From Rupee Downfall
3) Gokaldas Exports:
Gokaldas Exports is a leading organization in readymade garments, based in Bangalore. It has reported net sales of 
271.75 crores in the quarter ended September, 2011, thus, indicating an increase of only 2 percent when compared to last year. It, however, reported a loss of 30.12 in the same quarter. This may be because of the fact that the US and European markets are not doing that well. Also, an increase in wages due to the revision in minimum wages, is making the company face losses. Like BRF, this too faces the increased cost of inputs.
4) Lupin:
Lupin is a leading pharmaceuticals company of India and has businesses in mostly the U.S. There was an increase of 24 percent in both its net sales and net profit in the second quarter of 2011. This growth was attributed to good brand name and entering a licensing agreement with Medicis Pharmaceutical Corporation. Lupin also showed a growth of 14 percent in the net sales in Japan (Kyowa Pharmaceuticals) and 61 percent growth in South Africa (Pharma Dynamics), both in the second quarter.
