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Wockhardt Q2 net dips 69% to Rs 138 cr

Net sales during the period under review stood at Rs 1,197 crore

Press Trust of India New Delhi
Pharmaceuticals major Wockhardt Ltd today reported 69.46% decline in its consolidated net profit for the second quarter ended September 30, 2013 at Rs 138.50 crore.

The company had posted a consolidated net profit of Rs 453.55 crore in the same quarter last fiscal, Wockhardt Ltd said in a filing to the BSE.

Net sales during the period under review stood at Rs 1,196.97 crore as against Rs 1,347.44 crore in the year-ago quarter.

The company also said its Board of Directors have declared an 100% interim dividend of Rs 5 per share for the financial year 2013-14.

 Shares of Wockhardt were trading at Rs 457.85 on the BSE in late afternoon trade, down 0.43% from its previous close.

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First Published: Oct 25 2013 | 2:20 PM IST

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