Biocon has posted a consolidated net profit after tax of Rs 25.02 crore for the quarter ended September 30, 2008 as compared to Rs 53.97 crore for the corresponding quarter in the last year, a drop of nearly 53%.
The total income of the company increased from Rs 280.2 crore for the quarter ended September 30, 2007 to Rs 457.7 crore for the quarter ended September 30, 2008, a jump of nearly 63%.
On a standalone basis, Biocon posted a net profit after tax of Rs 33.53 crore in this quarter compared to Rs 44.01 crore in the quarter ended September 30, 2007, a drop of nearly 24%. The total income has shown an increase of around 11% from Rs 241.3 crore in the quarter ended September 30, 2007 to Rs 268.2 crore in this quarter.
