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Biocon Q1 Results Review - New Launches Critical To Revive Growth: ICICI Securities

The company's Ebitda margin is likely to remain under pressure and hover around ~21–22% with curbs in biosimilars margins and India business divestment, says the brokerage.

<div class="paragraphs"><p>Technician using a pipette testing a solution inside chemistry lab at Syngene International Ltd. (Source:Company) Syngene is a subsidiary of Biocon Ltd.</p></div>
Technician using a pipette testing a solution inside chemistry lab at Syngene International Ltd. (Source:Company) Syngene is a subsidiary of Biocon Ltd.
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