Latest News | Biocon Q2 Net Profit Zooms over Two-fold to Rs 173 Crore

New Delhi, Nov 10 (PTI) Biotechnology major Biocon on Friday said its consolidated net profit rose an over two-fold to Rs 173 crore for the second quarter ended September 30, 2023.

The company had reported a net profit of Rs 82 crore for the July-September period of the last fiscal.

Also Read | Diwali Muhurat Trading 2023 Date, Time: All You Need To Know About Special One-Hour Trading Session of Stock Market To Be Held on Deepavali.

Total income rose to Rs 3,620 crore for the second quarter as against Rs 2,384 crore in the year-ago period, Biocon Ltd said in a regulatory filing.

Shares of the company on Friday ended 0.11 per cent higher at Rs 227.35 apiece on the BSE.

Also Read | Pippa Actress Mrunal Thakur Opens Up on Delay of Ishaan Khattar-Starrer: 'A Film Like My Baby Deserves its Time to Shine'.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)