Biocon Q1 net profit falls 95% to Rs 31 crore
Thursday, 7 August 2025
Biocon's consolidated net profit plummeted by 95% to Rs 31 crore in the June quarter, with total revenue declining to Rs 4,022 crore. Despite this, operating revenue increased by 15% YoY, driven by Biosimilars and CRDMO gains. A recent QIP has strengthened the balance sheet, enabling increased ownership in Biocon Biologics and positioning the company for long-term value creation.
|
||||
|
|
||||
You Might Like |
||||
