Pharmaceuticals major Wockhardt Ltd today reported an 82.44 per cent decline in consolidated net profit at Rs 60.97 crore for the third quarter ended December 31, 2015.
It had posted a net profit of Rs 347.25 crore in the October-December quarter of 2014-15.
Wockhardt's net sales during the quarter under review were at Rs 1,075.77 crore, down 22.16 per cent from Rs 1,382.05 crore in the year-ago period, the company said in a filing to the BSE.
Overall expenses during the third quarter of the current fiscal were at Rs 1,035.47 crore, up 8.29 per cent, compared with Rs 956.13 crore a year ago.
Wockhardt shares closed at Rs 875.40 apiece, down 8.37 per cent, from their previous close on the BSE.
