23 July, 2014 15:07 IST
Wockhardt Q2 profit jumps over three fold
Source: IRIS (15-NOV-12)
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)*

JSW Energy consolidated quarterly net jumps 51.90% - 23-Jul-2014 14:25
Austin Engineering Company consolidated quarterly net soars 2.57 times - 23-Jul-2014 14:17
Oil Country Tubular loss narrows in Apr-Jun quarter - 23-Jul-2014 14:14
TCI Developers consolidated quarterly earnings soar 4.89 times - 23-Jul-2014 14:11
N I I T loss narrows in Apr-Jun quarter - 23-Jul-2014 14:08
Kirloskar Pneumatic Company swings to loss in Apr-Jun quarter - 23-Jul-2014 14:06
Atul standalone quarterly earnings surge 47.79% - 23-Jul-2014 14:04
Yes Bank Q1 misses estimates; profit rises 9.8% - 23-Jul-2014 13:29
Polaris Financial Technology consolidated quarterly earnings fall 11.3% - 23-Jul-2014 12:17
T C I loss narrows in Apr-Jun quarter - 23-Jul-2014 12:14
K P I T Technologies standalone quarterly profit up 16.83% - 22-Jul-2014 18:50
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Security Code type   rmf44x 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