Wockhardt has reported results for first quarter ended June 30, 2014.
The company’s net profit has declined by 66.33% at Rs 5.35 crore as compared to Rs 15.89 crore for the quarter ended June 30, 2013. However, the company’s total income has increased by 1.31% to Rs 487.23 crore for the quarter under review from Rs 481.78 crore for the corresponding quarter of the previous year.
On the consolidated basis, the Group has reported 93.82% fall in its net profit after taxes & Minority interest at Rs 19.95 crore for the quarter as compared to Rs 323.31 crore for the same quarter in the previous year. Its total income has decreased by 25.18% at Rs 1005.18 crore for quarter under review as compared to Rs 1343.50 crore for the quarter ended June 30, 2013.
