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Biocon standalone net profit declines 61.46% in the June 2017 quarter

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Capital Market

Sales decline 17.46% to Rs 574.30 crore

Net profit of Biocon declined 61.46% to Rs 54.50 crore in the quarter ended June 2017 as against Rs 141.40 crore during the previous quarter ended June 2016. Sales declined 17.46% to Rs 574.30 crore in the quarter ended June 2017 as against Rs 695.80 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales574.30695.80 -17 OPM %15.0125.77 -PBDT111.40208.20 -46 PBT74.20171.70 -57 NP54.50141.40 -61

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First Published: Jul 28 2017 | 2:24 PM IST

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