Wockhardt registers 95% growth in Q1 consolidated net profit

Wockhardt has reported results for first quarter ended June 30, 2012.

The company has registered a fall of 10.38% in its net profit at Rs 74.10 crore for the quarter under review as compared to Rs 82.68 crore for the same quarter in the previous year. However, the total income of the company has increased marginally by 10.24% at Rs 613.13 crore for Q1FY13 as compared Rs 556.19 crore for the corresponding quarter previous year.

On the consolidated basis, the group’s net profit after taxes and share of profit of associates surged 94.87% to Rs 377.97 crore for the Q1FY13 as compared to Rs 193.96 crore in Q1 FY12. The total income rose 35.55% to Rs 1435.00 crore in the quarter under review as compared to Rs 1058.62 crore in the corresponding previous quarter.