Biocon reported a strong Q2 FY26 with consolidated revenues rising 20% YoY to ₹4,296 crore and net profit of ₹84.5 crore. The company also approved a strategic buyback of optionally convertible debentures worth ₹300 crore from Biocon Biologics, underscoring its focus on expanding the biologics segment.
Biocon Limited announced robust financial performance for the quarter ending September 30, 2025 (Q2 FY26), showcasing sustained growth across its pharmaceutical segments. The company recorded consolidated total income of ₹4,389 crore, driven by continued momentum in biosimilars, generics, and research services. Consolidated net profit stood at ₹84.5 crore, reflecting improved operational efficiencies and growing market traction.
Significantly, Biocon approved the acquisition of ₹300 crore worth of optionally convertible debentures (CCDs) from subsidiary Biocon Biologics, a move aimed at strengthening its biologics business and supporting future growth plans in the global biosciences market.
The quarter saw a 29% rise in EBITDA to ₹928 crore and a 153% jump in profit before tax (PBT) to ₹183 crore (before exceptional items), highlighting strong underlying profitability.
Important Points:
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Consolidated total revenue surged 20% year-on-year to ₹4,296 crore.
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Consolidated net profit reached ₹84.5 crore for Q2 FY26.
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EBITDA increased by 29% to ₹928 crore, demonstrating healthy margin expansion.
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Profit before tax (PBT) before exceptional items up 153% to ₹183 crore.
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Board approved purchase of ₹300 crore CCDs of Biocon Biologics to boost subsidiary growth.
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Growth driven by biosimilars, generics, and research services segments.
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Operational efficiencies and strategic investments underpin financial strength.
This strong Q2 performance underscores Biocon's resilience and strategic focus on high-growth biologics and biosimilars sectors. The CCD acquisition highlights management’s commitment to long-term value creation through investment in its subsidiary’s potential.
Sources: NSE Circular, Biocon Limited official announcements, Business Standard, The Economic Times