Wockhardt Q1 net zooms 5-fold

Wockhardt Q1 net zooms 5-fold

FPJ BureauUpdated: Friday, May 31, 2019, 11:27 PM IST
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New Delhi : Drug firm Wockhardt reported over five-fold jump in its consolidated net profit at Rs 114.20 crore for the quarter ended June 30 mainly on account of robust sales. The company had posted a net profit after taxes, minority interest and share of profit of associates at Rs 19.95 crore for the corresponding period of the previous fiscal, Wockhardt said in a filing to the BSE.  Consolidated total income also rose to Rs 1,140.65 crore as against Rs 991.19 crore for the same period a year ago. Wockhardt has 12 manufacturing plants in India, Britain, Ireland and the US and employs 607 scientists in three global research centres.

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