25 April, 2014 06:53 IST
News
Wockhardt Q2 profit jumps over three fold
Source: IRIS (15-NOV-12)
Rating: 2.8 / 5 stars.
Comments  |  Post Comment

Wockhardt, one of the leading pharmaceutical and biotechnology companies, on Wednesday posted a phenomenal jump of 3.55 times in consolidated net profit for the quarter ended September 2012, helped by higher revenues and strong margins.

During the quarter, the net profit of the company increased to Rs 4.53 billion as compared with Rs 1.27 billion in the same period last year. The PAT margin at 33% was the highest in the industry.

Total income of the company increased by 28.86% to Rs 13.47 billion from Rs 10.45 billion for the last year.

Wockhardt’s EBITDA for Q2FY13 stands at Rs 5.17 billion, with EBITDA Margin at 38.4% for the quarter, one of the highest in the industry and has improved from 29.4% in the corresponding quarter of the previous year.

The earnings per share was at Rs. 75.9 for the 1st Half of Financial Year 2012-13.

Shares of the company gained Rs 55.05, or 3.24%, to trade at Rs 1,755. The total volume of shares traded was 21,607 at the BSE (12.14 p.m., Thursday).



Wockhardt Limited   (Q,N,C,F)*


Results
Tata Metaliks loss narrows in Jan-Mar quarter - 24-Apr-2014 16:32
Granules India standalone quarterly net up 13.26% - 24-Apr-2014 16:29
ACC standalone quarterly net declines 8.9% - 24-Apr-2014 15:42
Oil Country Tubular standalone quarterly earnings soar 65.48 times - 24-Apr-2014 15:36
Bharti Infratel standalone quarterly net surges 40.64% - 24-Apr-2014 15:30
Infotech Enterprises standalone quarterly earnings rise 28.81% - 24-Apr-2014 15:22
UltraTech Cement standalone quarterly net climbs 15.40% - 23-Apr-2014 18:38
Indiabulls Wholesale Services standalone quarterly net falls 35.05% - 23-Apr-2014 18:36
Kirloskar Pneumatic Company standalone quarterly earnings rise 18.78% - 23-Apr-2014 18:32
Indbank Merchant Banking Services swings to profit in Jan-Mar quarter - 23-Apr-2014 18:23
Sabero Organics Gujarat standalone quarterly net declines 27.22% - 23-Apr-2014 17:32
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   zdnrqc into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer