Drug firm Wockhardt today posted a consolidated net profit of Rs 194 crore for the first quarter ended June 30, 2011.
The company had reported a net loss of Rs 116 crore for the quarter ended June 30, 2010, Wockhardt said in a filing to the Bombay Stock Exchange (BSE).
Consolidated net sales of the company stood at Rs 1,053 crore for the quarter ended June 30, 2011, as against Rs 922 crore in the corresponding period previous fiscal.
Shares of Wockhardt were trading at Rs 428 in late afternoon trade on the BSE, down 4.5% from its previous close.
