Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
28 November, 2014 23:28 IST
Wockhardt Q2 profit jumps over three fold
Source: IRIS | 15 Nov, 2012, 12.18PM
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)*


Related Articles
Ind-Ra rates Prism Cement's Rs 1,000 mn NCDs at 'A-' - 28-Nov-2014 17:36
IDBI Bank opens Zonal Office in Chandigarh - 28-Nov-2014 16:22
CRISIL reaffirms `AA+/Stable/A1+` on Bharti Airtel - 28-Nov-2014 15:02
State Bank of India shares climb on partnership with Nissan - 28-Nov-2014 14:51
Nissan, SBI enter strategic tie-up to offer vehicle finance options in India - 28-Nov-2014 14:48
ICICI Bank allots 227,650 shares under ESOS - 28-Nov-2014 14:27
Coal India gives nod for MCL project worth Rs 113.63 bn - 28-Nov-2014 14:15
GEPL Capital maintains 'Buy' on VIP Industries; target Rs 123 - 28-Nov-2014 11:34
Ind-Ra affirms Coromandel International at 'AA+' - 28-Nov-2014 10:12
'Accumulate' Tata Steel; target of Rs 530: Prabhudas Lilladher - 27-Nov-2014 18:22
Essar Steel commissions 6 mtpa pellet complex in Odisha - 27-Nov-2014 18:08
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer