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Biocon reports 24% rise in Q3 net profit

25 Jan 2013 Evaluate

Biocon has reported results for third quarter ended December 31, 2012.

The company has reported 23.91% rise in its net profit at Rs 80.21 crore for the quarter ended December 31, 2012 as compared to Rs 64.73 crore for the same quarter in the previous year. Total income of the company has increased by 29.73% at Rs 526.23 crore for quarter under review as compared to Rs 405.64 crore for the quarter ended December 31, 2011.

On the consolidated basis, the company has reported 8.14% rise in its net profit at Rs 91.76 crore for the quarter ended December 31, 2012 as compared to Rs 84.85 crore for the same quarter in the previous year. Total income of the company has increased by 23.14% at Rs 659.65 crore for quarter under review as compared to Rs 535.69 crore for the quarter ended December 31, 2011. 

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