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- Featured in DJSI for Emerging markets. Received total sustainability score of 45 against industry average of 18 (93rd percentile).
- Received Carbon Disclosure Project(CDP) rating upgrade from C to B.
- Selected to participate in PLI Scheme 2.0 for Pharmaceuticals. They will receive financial incentives of ₹250 Cr over 6 years.
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- Appointed Dr. Mandar S Ghatnekar as Chief Digital Transformation Officer for Biocon Biologics. He has over 2 decades of experience in IT Advisory and Consulting in the life sciences industry.
- Appointed Ajit Pal Singh as the Head of Branded Formulation – India for Biocon Biologics.He will be responsible for long term strategy for existing brands and building new brands for long term sustainable growth.
Consolidated Financials:
- Revenue – ₹2223 Cr (18% growth YoY)
- Biosimilars – 28% growth, Research Services – 10% growth, Generics – 7% growth
- EBITDA – ₹537 Cr (24% margin, 23% last year)
- PAT – ₹187 Cr (11% growth YoY)
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