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Biocon Q1 Earnings: Key things to watch out for

Updated : July 25, 2019 09:23 AM IST

Biopharmaceutical company Biocon is all set to announce its first-quarter results today. In the last quarter, the numbers looked excellent on a year-on-year basis because of the biologics business. Here's what is expected this quarter:

  • The revenue is expected to grow around 40 percent odd.

  • Margins are expected at 27 percent.

  • Profit is likely to be more than Rs 220 crore.

  • The most important thing to watch out for would be the impact of the Syngene results which were announced on Wednesday.

  • Disappointing numbers from Syngene could probably weigh on Biocon.
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