Biocon Limited reported consolidated total income of Rs 42.9 billion and net profit of Rs 1.44 billion for Q3FY26, marking a sharp year-on-year growth. The company’s biosimilars and generics segments drove momentum, while Syngene faced temporary headwinds. Strategic restructuring and debt reduction strengthened its financial outlook.
Biocon Limited announced its financial results for the quarter ended December 31, 2025, showcasing robust growth across key segments. The Bengaluru-based biopharma major highlighted improved margins, strong investor confidence, and significant portfolio expansion.
Key Highlights
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Total consolidated income stood at Rs 42.9 billion, up 11% year-on-year
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Net profit surged to Rs 1.44 billion, a 475% increase compared to Q3FY25
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Operating revenue reached Rs 41.7 billion, reflecting 9% growth
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EBITDA rose 21% to Rs 9.51 billion, with margins improving to 22%
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Biosimilars revenue grew 9% to Rs 24.97 billion, supported by new launches in oncology and immunology
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Generics revenue climbed 24% to Rs 8.51 billion, driven by EU launches of gLiraglutide and U.S. approvals for Tofacitinib and Everolimus
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Syngene (CRDMO) revenue dipped 3% to Rs 9.17 billion, impacted by a single client product but strengthened by a long-term extension with Bristol Myers Squibb
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Debt restructuring and nearly USD 1 billion raised via QIPs improved balance sheet health, earning rating upgrades from S&P and Fitch
Biocon emphasized its unified One Biocon vision, integrating Biocon Biologics as a wholly owned subsidiary to leverage global scale and strengthen leadership in diabetes, oncology, and immunology.
Source: Biocon Limited Press Release