Biocon reported a 79.1% increase in net profit at Rs. 360.9 crore for the fourth quarter ended March on top of higher sales and exceptional income. The company had posted a net profit of Rs. 201.5 crore in the same period of the previous fiscal. Net sales rose to Rs. 970.3 crore, up 16.84%, from Rs. 830.4 crore a year ago.
Yes Bank’s net profit for the March quarter rose 27.43% due to higher net interest income and other income. Net profit for the quarter stood at Rs.702.11 crore as compared to Rs.550.99 crore a year ago.