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Wockhardt Q3 net up 50% at Rs 213 cr

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Drug firm Ltd today said its consolidated rose by 50.21 per cent to Rs 212.81 crore in the third quarter ended December 31, 2011, on the back of strong sales in the US market.

The company had posted a net profit of Rs 141.67 crore for the corresponding period last fiscal, Wockhardt Ltd said in a filing to the BSE.

of the company rose to Rs 1,208.67 crore in the quarter ended December 31, 2011, from Rs 950.80 crore in the same period last fiscal.

Commenting on the results, Wockhardt Chairman said: "Wockhardt is exhibiting robust growth worldwide and our US operations have for the first time surpassed all records by crossing the $100 million-mark in a single quarter."

For the nine months period ended December 31, 2011, the company posted a net profit of Rs 534.35 crore, while it had reported a net loss of Rs 71.31 crore for the same period last fiscal.

On a standalone basis, the company posted a net profit of Rs 116.16 crore for the third quarter, as against Rs 66.66 crore for the same period last financial year.

Shares of Wockhardt settled at Rs 442.45 apiece on the BSE today, up 0.73 per cent from their previous close.

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Results Calendar
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Results Tracker
Available for 3899 companies
Quarter Jun 2014 Jun 2013 % chg
Sales 1,749,518.11 1,585,197.11 10.37
Op. Profit 448,743.36 377,785.67 18.78
Net Profit 113,347.46 81,354.66 39.33
Figures in Rs crore
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