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Wockhardt reports consolidated net loss of Rs 23 crore in Q2

Wockhardt reports consolidated net loss of Rs 23 crore in Q2

Wockhardt has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 79.86% in its net profit at Rs 5.10 crore for the quarter under review as compared to Rs 25.32 crore for the same quarter in the previous year. However, total income of the company increased by 6.95% at Rs 642.97 crore for Q2FY19 as compared Rs 601.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 22.77 crore for the quarter under review as compared to net loss of Rs 3.33 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 5.10% at Rs 1,131.77 crore for Q2FY19 as compared Rs 1,076.83 crore for the corresponding quarter previous year.

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