Biocon standalone net profit declines 43.72% in the March 2022 quarter

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Sales rise 5.31% to Rs 517.70 crore
Net profit of Biocon declined 43.72% to Rs 38.10 crore in the quarter ended March 2022 as against Rs 67.70 crore during the previous quarter ended March 2021. Sales rose 5.31% to Rs 517.70 crore in the quarter ended March 2022 as against Rs 491.60 crore during the previous quarter ended March 2021.For the full year,net profit declined 69.30% to Rs 86.10 crore in the year ended March 2022 as against Rs 280.50 crore during the previous year ended March 2021. Sales declined 14.31% to Rs 1738.20 crore in the year ended March 2022 as against Rs 2028.40 crore during the previous year ended March 2021.
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First Published: Apr 29 2022 | 7:59 AM IST