Concord Biotech Reports 24.15% Decline in Net Sales for March 2026 Quarter
Concord Biotech Consolidated March 2026 Net Sales at Rs 326.08 crore, down 24.15% Y-o-Y

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Concord Biotech's consolidated net sales for March 2026 fell to ₹326.08 crore, a 24.15% decrease from ₹429.88 crore in March 2025. The company also reported a net profit of ₹88.79 crore, down 36.75% year-on-year, and a decline in EBITDA to ₹133.88 crore.
- 01Net sales decreased by 24.15% year-on-year, from ₹429.88 crore in March 2025 to ₹326.08 crore in March 2026.
- 02Net profit fell by 36.75% from ₹140.39 crore in March 2025 to ₹88.79 crore in March 2026.
- 03EBITDA dropped by 33% from ₹199.81 crore in March 2025 to ₹133.88 crore in March 2026.
- 04Earnings per share (EPS) decreased to ₹8.46 in March 2026, down from ₹13.42 in March 2025.
- 05Concord Biotech shares closed at ₹1,166.20 on June 1, 2026.
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Concord Biotech reported its consolidated financial results for the quarter ending March 2026, revealing a significant decline in key metrics. Net sales amounted to ₹326.08 crore, reflecting a 24.15% decrease compared to ₹429.88 crore in the same quarter of the previous year. The company's net profit also saw a substantial drop of 36.75%, falling to ₹88.79 crore from ₹140.39 crore year-on-year. EBITDA decreased by 33%, coming in at ₹133.88 crore, down from ₹199.81 crore in March 2025. The earnings per share (EPS) for the quarter was reported at ₹8.46, a decline from ₹13.42 in the previous year. The company’s shares were valued at ₹1,166.20 as of June 1, 2026. These results indicate a challenging financial period for Concord Biotech, prompting scrutiny from investors and analysts regarding the factors contributing to these declines.
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The decline in net sales and profit may affect investor confidence and stock performance.
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