MoneyWorks4Me

Wockhardt’s Q2 consolidated net tumbles 82%

11 Nov 2016 Evaluate

Wockhardt has reported results for second quarter ended September 30, 2016.

The company has reported a net profit of Rs 146.16 crore for the quarter ended September 30, 2016 as compared to a net loss of Rs 45.19 crore for the same quarter in the previous year. The company’s total income has increased by 37.24% to Rs 786.85 crore for the quarter under review from Rs 573.34 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 81.59% fall in its net profit after taxes, non-controlling interest & share of profit/(loss) of associates at Rs 17.02 crore for the quarter ended September 30, 2016 as compared to Rs 92.45 crore for the same quarter in the previous year. However, total income of the company has increased by 6.54% to Rs 1284.59 crore for quarter under review from Rs 1205.79 crore for the quarter ended September 30, 2015.

 

Peers
Company Name CMP
Sun Pharma. Inds. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
View more..