Biocon fourth-quarter profit rises 2.2 percent

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Reuters
Last Updated : Apr 26 2018 | 7:55 PM IST

(Reuters) - Biocon Ltd, India's biggest biotechnology company, posted a marginal 2.2 percent rise in net profit on Thursday.

Net profit for the quarter ended March 31 came in at 1.3 billion rupees ($19.47 million) versus 1.28 billion rupees in the year ago quarter, the company said.

Revenue from operations rose 20.4 percent to 12.37 billion rupees.

($1 = 66.7600 Indian rupees)

(Reporting by Arnab Paul in Bengaluru; Editing by Alexandra Hudson)

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First Published: Apr 26 2018 | 7:50 PM IST

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