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Biocon reports 47% rise in Q1 consolidated net profit

27 Jul 2018 Evaluate

Biocon has reported results for first quarter ended June 30, 2018.

The company has reported over 4-fold jump in net profit at Rs 229.70 crore for the quarter under review as compared to net profit of Rs 54.50 crore for the same quarter in the previous year. Total income of the company increased by 17.47% at Rs 712.70 crore for Q1FY19 as compared Rs 606.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.23% in its net profit at Rs 119.70 crore for the quarter under review as compared to Rs 81.30 crore for the same quarter in the previous year. Total consolidated income of the company increased by 20.75% at Rs 1,192.60 crore for Q1FY19 as compared Rs 987.70 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
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