Biocon is expected to report 24% jump in its first quarter FY12 profit after tax to Rs 95 crore against Rs 76.7 crore in the year ago period.
Revenues are seen going down 19% to Rs 538 crore from Rs 664 crore year-on-year.
EBITDA is likely to go up 13% to Rs 150 crore from Rs 133 crore year-on-year. Operating profit margin too is seen improving at 27.8% versus 20%
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Topline decline mainly due to absence of Axicorp
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