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Biocon consolidated net profit declines 61.71% in the March 2017 quarter

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Capital Market

Sales decline 1.53% to Rs 919.20 crore

Net profit of Biocon declined 61.71% to Rs 127.50 crore in the quarter ended March 2017 as against Rs 333.00 crore during the previous quarter ended March 2016. Sales declined 1.53% to Rs 919.20 crore in the quarter ended March 2017 as against Rs 933.50 crore during the previous quarter ended March 2016.

For the full year,net profit rose 11.21% to Rs 612.10 crore in the year ended March 2017 as against Rs 550.40 crore during the previous year ended March 2016. Sales rose 18.04% to Rs 3845.80 crore in the year ended March 2017 as against Rs 3258.00 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales919.20933.50 -2 3845.803258.00 18 OPM %20.4021.92 -25.4723.57 - PBDT231.20205.40 13 1126.90839.40 34 PBT158.70140.60 13 849.70590.70 44 NP127.50333.00 -62 612.10550.40 11

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First Published: Apr 28 2017 | 2:39 PM IST

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