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Wockhardt posts Q2 net profit at Rs 3.29 cr

The consolidated revenue of the company stood at Rs 714.05 crore

Drug firm Wockhardt reported a consolidated net profit of Rs 3.29 crore for the quarter ended September 30, mainly driven by robust sales.

The company had posted a net loss of Rs 94.24 crore for the same period previous fiscal, Wockhardt said in a BSE filing.

The consolidated revenue of the company stood at Rs 714.05 crore for the quarter under consideration. It was Rs 682.29 crore in the year-ago period, it added.

“Net debt-equity ratio as on March 31, 2020, stood at 0.84 and as on September 30, 2020, stood at 0.41,” the filing said.

PTI

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