Biocon has reported results for first quarter ended June 30, 2014.
The company’s net profit has declined 14.93% at Rs 74.63 crore as compared to Rs 87.73 crore for the quarter ended June 30, 2013. Its total income has decreased by 0.31% to Rs 570.43 crore for the quarter under review from Rs 572.22 crore for the corresponding quarter of the previous year.
On the consolidated basis, the Group has reported 10.06% rise in its net profit after taxes & Minority interest at Rs 102.91 crore for the quarter as compared to Rs 93.50 crore for the same quarter in the previous year. Total income has increased by 2.59% at Rs 741.95 crore for quarter under review as compared to Rs 723.17crore for the quarter ended June 30, 2013.
