Biocon consolidated net profit declines 56.74% in the March 2024 quarter

Sales rise 3.79% to Rs 3917.10 crore

Net profit of Biocon declined 56.74% to Rs 135.50 crore in the quarter ended March 2024 as against Rs 313.20 crore during the previous quarter ended March 2023. Sales rose 3.79% to Rs 3917.10 crore in the quarter ended March 2024 as against Rs 3773.90 crore during the previous quarter ended March 2023.

For the full year,net profit rose 120.99% to Rs 1022.50 crore in the year ended March 2024 as against Rs 462.70 crore during the previous year ended March 2023. Sales rose 32.05% to Rs 14755.70 crore in the year ended March 2024 as against Rs 11174.20 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3917.103773.90 4 14755.7011174.20 32 OPM %23.3125.36 -21.7820.98 - PBDT734.80863.30 -15 3105.602301.60 35 PBT327.80499.60 -34 1536.801188.50 29 NP135.50313.20 -57 1022.50462.70 121

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