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Biocon standalone net profit declines 11.44% in the September 2019 quarter

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Capital Market

Sales rise 14.71% to Rs 523.90 crore

Net profit of Biocon declined 11.44% to Rs 106.10 crore in the quarter ended September 2019 as against Rs 119.80 crore during the previous quarter ended September 2018. Sales rose 14.71% to Rs 523.90 crore in the quarter ended September 2019 as against Rs 456.70 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales523.90456.70 15 OPM %17.1613.44 -PBDT155.90125.80 24 PBT131.80102.60 28 NP106.10119.80 -11

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First Published: Oct 24 2019 | 9:24 AM IST

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