Wockhardt Q2 Results: Stock surges after drugmaker reports net profit from loss last year

Wockhardt Q2 Results: Stock surges after drugmaker reports net profit from loss last year

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HomeMarket NewsWockhardt Q2 Results: Stock surges after drugmaker reports net profit from loss last year

Wockhardt reported a net profit of ₹78 crore, compared to a net loss of ₹22 crore that it had reported during the same quarter last year.

Shares of Wockhardt Ltd. surged as much as 12% on Monday, November 3, in response to its quarterly results for the September quarter.



The company reported a net profit of ₹78 crore, compared to a net loss of ₹22 crore that it had reported during the same quarter last year.


The company’s revenue though, declined by 3.3% from last

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