Wockhardt Q2 net dips 69 per cent to Rs 138 cr

 Wockhardt Q2 net dips 69% to Rs 138 cr

Wockhardt has reported a 69.46 per cent decline in its consolidated net profit for the second quarter ended September 30.

The pharma major posted a consolidated net profit of Rs 138.50 crore for the quarter under review against Rs 453.55 crore in the July-September period of 2012-13.

In a filing to the Bombay Stock Exchange, Wockhardt said net sales during the second quarter stood at Rs 1,196.97 crore against Rs 1,347.44 crore in the year-ago quarter.

The company also said its Board of Directors have declared an 100 per cent interim dividend of Rs 5 per share for the financial year 2013-14.

Shares of Wockhardt closed 0.98 per cent down at Rs 455.35 on the Bombay Stock Exchange on Friday.