Tuesday, January 24, 2017

Wockhardt reports loss in q3

Wockhardt  has posted a net loss of Rs. (53.91 cr) for the quarter ended December 31, 2016 as compared to net profit of Rs. 72 cr for the quarter ended December 31, 2015. 

The total income has decreased from Rs. 1116 cr for the quarter ended December 31, 2015 to Rs. 1001 cr for the quarter ended December 31, 2016.

Results were announced after market hours. The stock will react to the numbers in tomorrow's trading. Today it closed at Rs 682, up Rs 12.

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