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Biocon Q3 Net Profit Soars 5-Fold to Rs 144 Cr, Driven by Generics & Biosimilars
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Biocon Q3 Net Profit Soars 5-Fold to Rs 144 Cr, Driven by Generics & Biosimilars
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News18
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12-02-2026, 21:45
Biocon Q3 Net Profit Soars 5-Fold to Rs 144 Cr, Driven by Generics & Biosimilars
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Biocon reported a consolidated net profit of Rs 144 crore for Q3 FY25, a five-fold increase from Rs 25 crore in the same quarter last year.
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The significant profit surge was primarily fueled by strong performance in its generics and biosimilar business verticals.
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Revenue for the quarter rose to Rs 4,173 crore, up from Rs 3,821 crore in the year-ago period.
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The board approved the acquisition of the remaining 2% of Biocon Biologics Ltd's equity from employees via preferential allotment of shares.
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Strategic steps, including two QIPs raising USD 1 billion and settlement of debt obligations, have strengthened the company's financial position.
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