Latest News | Biocon Q3 Consolidated Net Loss at Rs 21 Crore

New Delhi, Feb 14 (PTI) Biotechnology major Biocon on Tuesday reported a consolidated net loss of Rs 21 crore in the third quarter ended December 31, 2022.

The company had reported a net profit of Rs 220 crore in the October-December period of previous fiscal.

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Total income increased to Rs 3,020 crore in the period under review as against Rs 2,222 crore in the year-ago period, Biocon Ltd said in a regulatory filing.

Shares of the company on Tuesday ended 1.18 per cent down at Rs 234.90 apiece on the BSE.

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(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)