Drug maker Wockhardt today posted a consolidated net profit of Rs 161.8 crore for the fourth quarter ended March 31, 2011.
The company had registered a net loss of Rs 565.1 crore in the same period previous fiscal, Wockhardt said in a filing to the Bombay Stock Exchange (BSE).
Its net sales stood at Rs 938.7 crore in the quarter ended March 31. It had earned Rs 871.9 crore in the year-ago period.
Further, Wockhardt posted net profit of Rs 90.5 crore for the year ended March 31, 2011, while it had a net loss of Rs 1,000.6 crore for the fifteen months ended March 31, 2010.
The company said as the previous period figures were for fifteen months, they were not comparable with those of the year ended March 31, 2011.
Its net sales for the year ended March 31, 2011, stood at 3,751.2 crore. For the fifteen months ended March 31, 2010, the company had posted net sales of Rs 4,501.4 crore.
Debt-ridden Wockhardt had undertaken a corporate restructure programme to recast its over Rs 3,700 crore debt in 2009.
Shares of Wockhardt today closed at Rs 337.4 on the BSE, down 2.72% from its previous close.