StockWatch
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Pharmaceuticals
Quarterly Result4 Nov 2026, 01:24 pm

Biocon Q2FY27 Revenue ₹4,389 Cr, Net Profit ₹41 Cr

AI Summary

Biocon Limited announced its unaudited consolidated financial results for Q2FY27, reporting a total income of ₹4,423 crore, a 1% increase year-on-year. Consolidated operating revenue grew 2% YoY to ₹4,389 crore. Biopharma revenue increased 5% YoY to ₹3,583 crore, with Biosimilars up 3% to ₹2,809 crore and Generics up 10% to ₹774 crore. Services revenue saw a 13% sequential increase to ₹833 crore. Consolidated EBITDA stood at ₹865 crore, a 7% decrease YoY. Net Profit before exceptional items was ₹44 crore, and reported Net Profit was ₹41 crore, both down 52% YoY. Key highlights include a 10-year biosimilar Pertuzumab PDP partnership in Brazil valued at approximately USD 400 million and progress in biosimilar innovation with EMA recommendations.

Key Highlights

  • Q2FY27 total income ₹4,423 Cr, up 1% YoY.
  • Biopharma revenue up 5% YoY to ₹3,583 Cr.
  • Secured USD 400 million Pertuzumab partnership in Brazil.
  • Net Profit reported at ₹41 Cr, down 52% YoY.
  • EBITDA at ₹865 Cr, down 7% YoY.