Biocon Q4 net slips marginally to 433 million

By siliconindia staff writer   |   Wednesday, 20 April 2005, 19:30 IST
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BANGALORE:IndiaÂ’s largest Biotech Company, Biocon Ltd. has posted a 0.69 percent fall in its net profit for the fourth quarter from 433 million to 430 million year-on-year. Q4 net revenue has risen by 21.1 percent from 1.44 billion to 1.75 billion YoY. Net profit margin is at 24.57 percent as against 29.96 percent YoY. FY05 net profit has surged 42.45 percent from 1.39 billion to 1.98 billion YoY, while revenue has soared 31.79 percent from 5.41 billion to 7.13 billion YoY. The company has alson decided to pay a dividend of Rs 2 a share, it said in a statement to the BSE today.