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Wockhardt’s Q1 consolidated net tumbles 83%

16 Aug 2016 Evaluate

Wockhardt has reported results for first quarter ended June 30, 2016.

The company has reported a net profit after tax at Rs 16.33 crore for the quarter as against a net loss of Rs 31.44 crore for the same quarter in the previous year. Total income of the company increased by 21.03% at Rs 631.80 crore for quarter under review as compared to Rs 522.01 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 82.65% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 15.89 crore for the quarter ended June 30, 2016 as compared to Rs 91.61 crore for the same quarter in the previous year. Total Income of the company decreased by 5.38% to Rs 1097.83 crore for quarter under review from Rs 1160.30 crore for the quarter ended June 30, 2015.

Wockhardt Share Price

1396.80 37.70 (2.77%)
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