Foreign sales drive Wockhardt net

Wockhardt today reported a consolidated net profit of Rs 335 crore for the fourth quarter ended March, on back of robust international sales. It had posted a net loss of Rs 191.6 crore for the corresponding period last year.

Consolidated net sales stood at Rs 1,485.5 crore, against Rs 1,175.6 crore for same period year ago. International business contributed 83 per cent of the total revenue during the quarter.

Consolidated net profit for 2012-13 stood at Rs 1,594 crore, against Rs 342.7 crore in 2011-12. Net sales for FY13 rose to Rs 5,609.4 crore from Rs 4,350.5 crore in FY12.