Tag: Biocon

Biocon Q3 profit down 7% at Rs 203 crore

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Biocon on January 23 reported a 7 percent year-on-year (YoY) drop in net profit to Rs 203 crore in the third quarter ended December 31 due to higher R&D expenses and tax impact of an exceptional item. Profit for the same period last year was Rs 217 crore.Revenues rose 14 percent YoY to Rs 1,784…