Showing posts with label pharmaceutical companies in India. Show all posts
Showing posts with label pharmaceutical companies in India. Show all posts

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.