Biocon Q3 net flares 43.6% at Rs 50.29 cr
Biocon net profit flared 43.68% to Rs 50.29 crore year-on-year, while net sales surged 27.84% to to Rs 177.71 crore.
Biocon has announced its third quarter results. Net profit has flared 43.68% from Rs 35 crore (Rs 350 million) to Rs 50.29 crore (Rs 502.9 million) year-on-year.
Net sales surged 27.84% from Rs 139 crore (Rs 1.39 billion) to Rs 177.71 crore (Rs 1.77 billion). Net Profit Margin has surged from 25.18% to 28.3% YoY.
In spite of all this the share is sliding down further... any ideas/comments?
Biocon net profit flared 43.68% to Rs 50.29 crore year-on-year, while net sales surged 27.84% to to Rs 177.71 crore.
Biocon has announced its third quarter results. Net profit has flared 43.68% from Rs 35 crore (Rs 350 million) to Rs 50.29 crore (Rs 502.9 million) year-on-year.
Net sales surged 27.84% from Rs 139 crore (Rs 1.39 billion) to Rs 177.71 crore (Rs 1.77 billion). Net Profit Margin has surged from 25.18% to 28.3% YoY.
In spite of all this the share is sliding down further... any ideas/comments?