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Wockhardt reports 14% rise in Q3 consolidated net profit

05 Feb 2015 Evaluate

Wockhardt has reported results for third quarter ended December 31, 2014.

The company has reported a net loss of Rs 25.41 crore for the quarter under review as compared to a net profit of Rs 25.82 crore for the same quarter in the previous year. Total income of the company has decreased 7.41% at Rs 450.21 crore for Q3FY15 as compared Rs 486.22 crore for the corresponding quarter previous year.

On the consolidated basis the company’s net profit after taxes, minority interest and share of profit / (loss) of associates rose 14.06% to Rs 347.25 crore for the Q3 FY15 as compared to Rs 304.45 crore in Q3 FY14. Moreover, the total income increased 4.03% to Rs 1376.03 crore in the quarter under review as compared to Rs 1322.72 crore in the corresponding quarter previous year.

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