Biocon's Q2FY27 net profit fell 52 per cent to ₹41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to ₹4,389 crore.
Biocon Q2 profit halves to ₹41 crore as delayed shipments weigh on margins
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Business Standard - LatestBy Anjali Singh
EXECUTIVE SUMMARY
Biocon's Q2FY27 net profit fell 52 per cent to ₹41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to ₹4,389 crore.
Key Takeaways
- Biocon Q2 profit halves to ₹41 crore as delayed shipments weigh on margins.
- Biocon's Q2FY27 net profit fell 52 per cent to ₹41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to ₹4,389 crore.
- Biocon's Q2FY27 net profit fell 52 per cent to ₹41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to ₹4,389 crore.
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Published originally on Business Standard - Latest
