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Biocon reports 7% fall in Q3 consolidated net profit

24 Jan 2020 Evaluate

Biocon has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 66.02% in its net profit at Rs 120.70 crore for the quarter under review as compared to Rs 72.70 crore for the same quarter in the previous year. Total income of the company increased by 15.46% at Rs 552.50 crore for Q3FY20 as compared Rs 478.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 6.63% in its net profit at Rs 202.80 crore for the quarter under review as compared to Rs 217.20 crore for the same quarter in the previous year. However, total income of the company increased by 13.89% at Rs 1783.90 crore for Q3FY20 as compared Rs 1566.40 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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