Monday 10 February 2014

Wockhardt reports 29% fall in Q3 consolidated net profit

Wockhardt has reported results for third quarter ended December 31, 2013.

The company has reported 48.98% fall in its net profit at Rs 25.82 crore for the quarter as compared to Rs 50.61 crore for the same quarter in the previous year. Total income of the company has decreased by 10.74% at Rs 486.22 crore for quarter under review as compared to Rs 544.75 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 28.84% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 304.45 crore for the quarter ended December 31, 2013 as compared to Rs 427.84 crore for the same quarter in the previous year. Total income of the group has decreased by 7.41% at Rs 1322.72 crore for quarter under review as compared to Rs 1428.58 crore for the quarter ended December 31, 2012.

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