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Biocon reports over 5-fold jump in Q2 consolidated net profit

26 Oct 2018 Evaluate

Biocon has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 75.15% in its net profit at Rs 119.80 crore for the quarter under review as compared to Rs 68.40 crore for the same quarter in the previous year. Total income of the company increased by 17.65% at Rs 765.20 crore for Q2FY19 as compared Rs 650.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 5-fold jump in its net profit at Rs 354.70 crore for the quarter under review as compared to Rs 68.80 crore for the same quarter in the previous year. Total income of the company increased by 34.92% at Rs 1,375.40 crore for Q2FY19 as compared Rs 1,019.40 crore for the corresponding quarter previous year.

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