Biocon Ltd reports a sharp rise in first-quarter profit for financial year 2027, with net profit increasing to about ₹141 crore, up roughly three to four times year-on-year, depending on the outlet’s reported percentage. NDTV and other reports say revenue grows about 10% to above ₹4,300 crore (₹4,336 crore mentioned), while Business Line highlights growth led by Biocon’s biosimilars and generics businesses. Biosimilars revenue rises about 16% to ₹2,855 crore, and the generics business grows about 21% to ₹760 crore, according to the outlets that break down segment performance. Free Press Journal also notes consolidated total income increases to around ₹4,390.5 crore and total expenses rise as well. EBITDA margin is reported as stable by NDTV. The company attributes growth to its biopharma segment, including biosimilar and generic launches and expanded manufacturing capabilities, particularly in key international markets such as North America. Following the results, Biocon shares rise around 3% to 4% in reported trading after the announcement. Results also include an exceptional expense related to termination benefits, as cited by Free Press Journal.
Biocon reports strong Q1 profit jump as revenue rises above ₹4,300 crore
Biocon Ltd reports a sharp rise in first-quarter profit for financial year 2027, with net profit increasing to about ₹141 crore, up roughly three to four times year-on-year, depending on the outlet’s...
- Biocon’s Q1FY27 net profit rises to about ₹141 crore, up sharply year-on-year (reported increases range around 350% and 53% depending on the source’s framing).
- Revenue increases to above ₹4,300 crore, with ₹4,336 crore cited and growth of about 10%.
- Biosimilars revenue grows about 16% to ₹2,855 crore.
- Generics revenue grows about 21% to ₹760 crore.
- EBITDA margin is reported as stable; total income rises to around ₹4,390.5 crore and expenses also increase; results include an exceptional termination-benefit expense of ₹13.5 crore mentioned by one source.
Biocon Ltd posted a strong performance in the first quarter of financial year 2027, with consolidated net profit rising 53.36% year-on-year to ₹136.8 crore, driven by growth across its biopharma business.The company had reported a net profit of ₹89.2 crore in the corresponding quarter of the previous financial year, Biocon said in a regulatory filing. Following the earnings announcement, shares of Biocon rose nearly 4% on Thursday to trade at ₹441.85 apiece. Biocon Reports 53.36% Jump In Q1 Net Profit To ₹136.8 Crore, Revenue Rises 10.01%Biopharma Business Drives GrowthBiocon’s consolidated total income increased to ₹4,390.5 crore in the April-June quarter from ₹4,021.6 crore in the year-ago period. However, total expenses also increased to ₹4,249.4 crore compared with ₹3,907.5 crore during the same period last year.The company said its biopharma segment recorded 17% year-on-year revenue growth during the quarter, supported by recent launches of biosimilar and generic products across key international markets.Revenue from biosimilars grew 16% year-on-year to ₹2,855 crore, while the generics business reported a 21% rise in revenue to ₹760 crore. Biocon Executive Chairperson Kiran Mazumdar-Shaw said the company has entered FY27 with a focus on converting strategic investments into sustainable growth and long-term value creation.She added that favourable policy developments for biosimilars, along with expanded manufacturing capabilities in the US, strengthen the company’s confidence in growth opportunities in North America, its largest market.Company Expects Stronger FY27 MomentumMazumdar-Shaw also said investments in new capabilities within the company’s research services business are expected to support the next phase of expansion.During the post-earnings conference call, Biocon management said the company began FY27 on a steady note and expects performance to improve through the year.The company expects momentum in its biosimilars business to strengthen further, with meaningful acceleration likely in the second half of FY27. It also indicated that competitive intensity in the generics segment remains stable and has not increased significantly.Biocon said its expanded manufacturing infrastructure and product pipeline position it well to capture opportunities in global markets, particularly in biosimilars, where demand for affordable biologic medicines continues to rise.
1 month agoBiocon shares gained around 3% after the biopharmaceutical company reported a 348.4% jump in its Q1FY27 net profit to Rs 141 crore.
1 month agoThe company’s biosimilars business remained the key growth driver, with revenue increasing 16 per cent to ₹2,855 crore, while the Generics business grew 21 per cent to ₹760 crore.
1 month agoBiocon Q1 profit surged 348% to Rs. 141 crore as revenue rose 10% to Rs. 4,336 crore. Biosimilars and generics led growth, while EBITDA margin remained stable.
1 month agoBiocon Q1 profit surged 348% to Rs. 141 crore as revenue rose 10% to Rs. 4,336 crore. Biosimilars and generics led growth, while EBITDA margin remained stable.
1 month ago
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