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Biocon consolidated net profit declines 42.26% in the March 2020 quarter

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Capital Market

Sales rise 3.41% to Rs 1581.00 crore

Net profit of Biocon declined 42.26% to Rs 123.40 crore in the quarter ended March 2020 as against Rs 213.70 crore during the previous quarter ended March 2019. Sales rose 3.41% to Rs 1581.00 crore in the quarter ended March 2020 as against Rs 1528.80 crore during the previous quarter ended March 2019.

For the full year,net profit declined 17.35% to Rs 748.20 crore in the year ended March 2020 as against Rs 905.30 crore during the previous year ended March 2019. Sales rose 15.46% to Rs 6367.20 crore in the year ended March 2020 as against Rs 5514.40 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1581.001528.80 3 6367.205514.40 15 OPM %19.6225.63 -24.7225.27 - PBDT356.50404.10 -12 1670.701468.10 14 PBT204.10284.30 -28 1118.501020.30 10 NP123.40213.70 -42 748.20905.30 -17

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First Published: May 15 2020 | 8:07 AM IST

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