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Biocon profit slumps 84%
Business Standard
|October 31, 2024
Bengaluru-based biopharma Biocon on Wednesday reported a consolidated year-on-year decrease of 84.3 per cent in net profit to ₹27.1 crore in the second quarter of the financial year 2025 (Q2FY25) from ₹172.7 crore in Q2FY24.
The company reported profit before tax (PBT) of ₹98.4 crore, down 54.08 per cent in Q2FY25 from ₹214.3 crore in Q2FY24.
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