Thursday, 28 April 2011

Biocon’s Q4 net profit up 21%


    Biocon has announced the results for the quarter and year ended March 31, 2011.The company has posted a net profit of Rs 88.03 crore for the quarter ended March 31, 2011 as compared to Rs 72.64 crore for the quarter ended March 31, 2010, up 21%. Total income of the company has increased from Rs 341.79 crore for the quarter ended March 31, 2010 to Rs 387.24 crore for the quarter ended March 31, 2011.

    For the year ended March 31, 2011, the company’s net profit surged 85% to Rs 459.25 crore as compared to Rs 248.36 crore for the year ended March 31, 2010. Its total income has increased from Rs 1228.92 crore for the year ended March 31, 2010 to Rs 1592.13 crore for the year ended March 31, 2011.

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