New Delhi: Pharmaceuticals major Wockhardt Ltd on Thursday reported an 82.44 per cent decline in consolidated net profit at Rs 60.97 crore for the fiscal third quarter that ended on December 31, 2015.
The company had posted a net profit of Rs 347.25 crore for the corresponding period of financial year 2014-15.
Wockhardt's net sales during the quarter under review were at Rs 1,075.77 crore, down 22.16 per cent from Rs 1,382.05 crore in the year-ago period, the company said in a filing to the BSE.
Overall expenses during the third quarter of the current fiscal year were at Rs 1,035.47 crore, up 8.29 per cent compared with Rs 956.13 crore a year ago.
Wockhardt shares closed at Rs 875.40 apiece, down 8.37 per cent, from their previous close on the BSE.
The company had posted a net profit of Rs 347.25 crore for the corresponding period of financial year 2014-15.
Wockhardt's net sales during the quarter under review were at Rs 1,075.77 crore, down 22.16 per cent from Rs 1,382.05 crore in the year-ago period, the company said in a filing to the BSE.
Overall expenses during the third quarter of the current fiscal year were at Rs 1,035.47 crore, up 8.29 per cent compared with Rs 956.13 crore a year ago.
Wockhardt shares closed at Rs 875.40 apiece, down 8.37 per cent, from their previous close on the BSE.
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