The Hindu Business Line : Wockhardt consolidated net up 22% at Rs 107 cr

Advertisement

MUMBAI: Pharmaceutical firm Wockhardt on Wednesday posted a consolidated net profit of Rs 106.9 crore for the quarter ended December 2007, a 22.87 per cent growth over the corresponding period a year ago. The group had a net profit of Rs 87 crore in the fourth quarter ended December 2006, the company said in a filing with the BSE.

The total income of the group rose to Rs 765.7 crore in the fourth quarter from Rs 534.1 crore in the year-ago period. The board of directors has recommended a final dividend of Rs 2.50 per equity share, that is, 50 per cent for the year 2007. The compa ny had paid an interim dividend of Rs 8.75 per equity share in November.

Wockhardt reported a consolidated net profit of Rs 385.8 crore for the financial year ended December 31, 2007, a 59.88 per cent growth over the corresponding period a year ago. The group had a net profit of Rs 241.30 crore in the financial year ended De cember 2006. The Group's total income stood at Rs 2,664.2 crore in FY-07 against Rs 1,748 crore in the previous year. On standalone basis, the company reported a net profit of Rs 33.9 crore in the fourth quarter ended December 2007 as compared to Rs 48. 5 crore in the year-ago period. The standalone total income of the company increased to Rs 297.7 crore for the fourth quarter from Rs 256 crore in the corresponding period last year.

For the year ended December 2007, the company posted a net profit of Rs 213.9 crore, compared to Rs 213.5 crore previous year. Wockhardt's total income increased to Rs 1,247.8 crore for the year ended December 2007 from Rs 1,156.4 crore last year. - PTI

Prev: Balasore Alloys allots shares to promoters
Next: 'Nano' trial production to start by July, says Tata Motors MD

Business Line | NUS Index |