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.