Biocon Q1 Results: Net profit jumps over four-fold as biopharma business drives growth

Bicon’s Biopharma business continued to be the key growth driver during the quarter, with revenue rising 17% year-on-year to ₹3,615 crore. Biosimilars revenue grew 16% to ₹2,855 crore, while generics revenue increased 21% to ₹760 crore, aided by momentum from recent biosimilar and generic product launches across key markets.

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