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Biocon reports 18.65% rise in Q1 consolidated net profit

26 Jul 2013 Evaluate

Biocon has reported results for first quarter ended June 30, 2013.

The company has reported 25.59% rise in its net profit at Rs 86.46 crore for the quarter as compared to Rs 68.84 crore for the same quarter in the previous year. Total income of the company has increased by 21.20% at Rs 568.78 crore for quarter under review as compared to Rs 469.27 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a rise of 18.65% in its net profit after taxes, minority interest at Rs 93.50 crore for the quarter as compared to Rs 78.80 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 22.03% at Rs 723.17 crore for quarter under review as compared to Rs 592.60 crore for the quarter ended June 30, 2012.

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