Wockhardt Q1 net zooms over five-fold to Rs 114 crore

Drug firm Wockhardt today reported over five-fold jump in its consolidated net profit at Rs 114.20 crore for the quarter ended June 30, 2015 mainly on account of robust sales.

The company had posted a net profit after taxes, minority interest and share of profit of associates at Rs 19.95 crore for the corresponding period of the previous fiscal, Wockhardt said in a filing to the BSE.

Consolidated total income from operations also rose to Rs 1,140.65 crore for the quarter under consideration as against Rs 991.19 crore for the same period a year ago.

Wockhardt shares were trading 3.48 per cent up at Rs 1,652.40 apiece during pre-close session on the BSE.