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Wockhardt reports consolidated net loss of Rs 13 crore in Q1

22 Jul 2021 Evaluate

Wockhardt has reported results for first quarter ended June 30, 2021.

The company has reported net loss of Rs 48.69 crore for the quarter under review as compared to net profit of Rs 766.39 crore for the same quarter in the previous year. However, total income of the company increased by 50.60% at Rs 282.10 crore for Q1FY22 as compared Rs 187.32 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to equityholders of Rs 12.71 crore for the quarter under review as against net profit of Rs 760.06 crore for the same quarter in the previous year. However, total income of the company increased by 42.06% at Rs 861.20 crore for Q1FY22 as compared Rs 606.22 crore for the corresponding quarter previous year.

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