Thursday 23 January 2014

Biocon reports over 14% rise in Q3 consolidated net profit

Biocon has reported results for third quarter ended December 31, 2013.

The company has reported 25.25% fall in its net profit at Rs 59.96 crore for the quarter as compared to Rs 80.21 crore for the same quarter in the previous year. However, total income from operations of the company has increased by 2.05% at Rs 537.02 crore for quarter under review as compared to Rs 526.23 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 14.42% rise in its net profit after tax & minority Interest at Rs 104.99 crore for the quarter as compared to Rs 91.76 crore for the same quarter in the previous year. Total income from operations of the company has increased by 9.08% at Rs 719.57 crore for quarter under review as compared to Rs 659.65 crore for the quarter ended December 31, 2012.

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