Biocon Biologics posts 53% growth in revenues at ₹664 crore for Q4FY21 April 29, 2021 For the full year, revenues have grown 21 per cent to ₹2,800 crore Revenues of Biocon Biologics Limited, a subsidiary of Biocon Limited, grew by 53 per cent year-on-year (y-o-y) at ₹664 crore for fourth quarter of financial year 2021-22, mainly driven by emerging markets business. Q4FY21 EBITDA stood at ₹164 crore and EBITDA margin was 25 per cent. Commenting on company’s performance, Dr Arun Chandavarkar, Managing Director, Biocon Biologics Ltd, said, “We have reported a revenue growth of 53 per cent y-o-y at ₹664 crore for Q4FY21, led by a strong growth of our emerging markets business, supported by market share gains for Pegfilgrastim and Trastuzumab biosimilars in the developed markets, and contributions from Insulin Glargine introduced in the US earlier this fiscal. The marketing authorisation approvals for our biosimilar insulin Aspart and biosimilar Bevacizumab in the EU augur well for our future business prospects.”