Wockhardt has reported results for second quarter ended September 30, 2015.
The company has reported a net loss of Rs 39.08 crore for the quarter ended September 30, 2015 as compared to net profit of Rs 365.94 crore for the same quarter in the previous year. The company’s total income has decreased by 36.11% to Rs 573.87 crore for the quarter under review from Rs 898.28 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported over 29 fold jump in its net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 107.59 crore for the quarter ended September 30, 2015 as compared to Rs 3.63 crore for the same quarter in the previous year. Total income of the company has increased by 22.60% at Rs 1222.50 crore for quarter under review as compared to Rs 997.16 crore for the quarter ended September 30, 2014.