Pharmaceuticals · BIOS
Pharma - Formulators
from 437 today
Biocon delivered in-line revenue for the quarter, with EBITDA/PAT lower than expected. Biosimilars and generics led robust revenue growth, while Syngene dragged overall performance in 1QFY27 due to lower offtake from certain key customers.
Biocon reported Q1FY27 revenue of Rs 4,336 Cr, up 10% YoY, driven by strong growth in Biosimilars and Generics, though partially offset by a decline in the Services segment. Operating leverage, stable EBITDA margins, and lower interest costs supported a 51.6% YoY increase in PAT to Rs 135 Cr.
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