Asia
Wockhardt Turns to Profit in Fiscal Q4; Shares Jump 9%
Wockhardt (NSE:WOCKPHARMA, BOM:532300) booked an attributable consolidated net profit of 1.66 billion Indian rupees in the fiscal fourth quarter ended March 31, compared with a consolidated net loss of 250 million rupees year ago.Shares of the company jumped nearly 9% in Tuesday's trade.Earnings per share stood at 10.22 rupees compared with a loss per share of 1.57 rupees a year earlier, according to a Monday filing to the stock exchanges by the pharmaceuticals manufacturerRevenue from operations in fiscal Q4 increased year on year to 9.65 billion rupees from 7.43 billion rupees a year earlier.
BOM:532300NSE:WOCKPHARMA
