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Bengaluru-headquartered biopharmaceutical firm Biocon has staged an overall strong performance for the final three months of FY26. After market hours on Thursday, the company reported a net profit of Rs 126 crore, marking a year-on-year fall of 63 per cent over the corresponding period a year ago. The company booked an exceptional loss of Rs 80 crore in Q4 of FY26. It had booked an exceptional gain of Rs 20 crore a year ago.
Analysts say the overall overall numbers reflect the specific impact from a single large-molecule biologics client, with the underlying business showing steady momentum.
Its revenue for the January-March period grew 2.3 per cent on a year-on-year basis to Rs 4,517 crore.




Although the net profit fell short of analysts' expectations, the company's top line as well as its operational performance met the mark.
According to Zee Business research, Biocon was estimated to report a net profit of Rs 204 crore and revenue of Rs 4,496 crore for the March quarter.
The Bengaluru-based firm registered March-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 1,020 crore, versus Rs 1078 crore a year ago.
Its margin slipped by 190 basis points, but stayed above the 21 per cent pegged by analysts.
Analysts had estimated the company's EBITDA to be at Rs 941 crore.
Segment revenue
Its core biosimilars business saw 12 per cent growth in revenue, while its generics and CRDMO units saw expansion of 13 per cent and 2 per cent, respectively.
Dividend
Biocon declared a final dividend of Re 0.50 per equity share.
Key approval
During the course of the quarter, the company secured approval the US drug regulator's approval for generic Liraglutide tablets, a medicine used in treating diabetes and weight management indications.
It also launched Denosumab Biosimilars in the US and Canada, adding strength to its overall portfolio.
Before Friday's opening bell on Dalal Street, Zee Business Managing Editor Anil Singhvi highlighted that Biocon futures have support at the Rs 373 mark, citing the company's strong quarterly performance.
He expects a higher level of Rs 397 in the stock.
Earlier in the day, Zee Business's Pooja Tripathi recommended buying the 380 call option in Biocon at Rs 14 for a target of Rs 30 with a stop loss at Rs 6.
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