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Biocon net profit rises 31.17% in the March 2008 quarter

Net profit of Biocon rose 31.17% to Rs 62.03 crore in the quarter ended March 2008 as against Rs 47.29 crore during the previous quarter ended March 2007. Sales declined 5.92% to Rs 219.75 crore in the quarter ended March 2008 as against Rs 233.59 crore during the previous quarter ended March 2007.
For the full year, net profit rose 174.67% to Rs 434.94 crore in the year ended March 2008 as against Rs 158.35 crore during the previous year ended March 2007. Sales rose 3.05% to Rs 876.93 crore in the year ended March 2008 as against Rs 850.98 crore during the previous year ended March 2007

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