An integrated healthcare company Biocon has announced its results for the quarter ended September 2010. It has reported consolidated net profit of Rs 89.2 crore as against Rs 74 crore, a growth of 20.54% on year-on-year basis (YoY).
Consolidated net sales jumped 17.07% to Rs 679 crore from Rs 580 crore (YoY).
Bottomline numbers were better-than-expectations while topline was in-line;
Biocon's operating margins improved to 22% versus 19.5%.
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