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Top 10 Rubber Producing States in India of 2024

India's Production States of Rubber The rubber industry in India plays a crucial role in the agricultural and industrial sectors of th...


Thursday, May 16, 2024

Biocon Q4 Results - Revenue increases 4%, net profit falls 57% to ₹135 crore, and a dividend is declared.

Biocon Q4 Results

Biocon Q4 Results - Revenue increases 4%, net profit falls 57% to ₹135 crore, and a dividend is declared.

Biocon Q4 Results: On Thursday, May 16, Biocon revealed its January–March quarter results for fiscal 2023–24 (Q4FY24).

The company reported a 57% decrease in consolidated net profit at ₹135.5 crore, as opposed to ₹313.2 crore during the same period the previous year.

The pharmaceutical company's operating revenue for the fourth quarter of FY24 was ₹3,917 crore, up 4% from ₹3,774 crore in the same time the previous year.

One of the top biopharma companies in India is Biocon. Delivering biopharma solutions from discovery to development and commercialization, it is fully integrated.

Its revenue streams are diverse and include small compounds and APIs, contract research, and biosimilars (including branded formulations).

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