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Biocon reports 5% rise in Q2 consolidated net profit

31 Oct 2012 Evaluate

Biocon has reported results for second quarter ended September 30, 2012.

The company has reported 29.81% rise in its net profit at Rs 88.36 crore for the quarter ended September 30, 2012 as compared to Rs 68.07 crore for the same quarter in the previous year. Total income of the company has increased by 26.09% at Rs 517.75 crore for quarter under review as compared to Rs 410.61 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted 4.61% jump in its net profit at Rs 89.65 crore for the quarter ended September 30, 2012 as compared to Rs 85.70 crore for the same quarter in the previous year. Group’s total income has increased by 19.40% at Rs 641.94 crore for quarter under review as compared to Rs 537.63 crore for the quarter ended September 30, 2011.

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