Biocon Q2 net slips 4% due to higher energy costs
Stocks
BSE 380.55
2.05 (-0.54%) NSE 380.401.85 (-0.49%) Biocon, a global bio-pharmaceutical company reported a fall of 4% in its net profit for the quarter ended September 30.
Biocon's consolidated net profit fell from Rs 89 crore a year ago to Rs 85 crore during the quarter.
It's net profits dropped on account of higher energy costs and wage rise.
It's energy costs grew by 14% to Rs 22 crore, while wages of the employees were raised by 34% to Rs 77.8 crore.
The company reported a 23% rise in its total income from Rs 427.7 crore a year ago to Rs 524.3 crore during the quarter.
It's EBITDA margin stood at 29%.
GoodReturns.in
Share This Article
Story first published: Thursday, October 20, 2011, 13:39 [IST]
Other articles published on
Oct 20, 2011
-
Block for 8 hours
-
Block for 12 hours
-
Block for 24 hours
-
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
- Click on the Menu icon of the browser, it opens up a list of options.
- Click on the “Options ”, it opens up the settings page,
- Here click on the “Privacy & Security” options listed on the left hand side of the page.
- Scroll down the page to the “Permission” section .
- Here click on the “Settings” tab of the Notification option.
- A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
- Once the changes is done, click on the “Save Changes” option to save the changes.
Gender
Select your Gender
Age
Select your Age Range
Sign in with Google