Wockhardt slips on reporting consolidated net loss of Rs 14 crore in Q4

Wockhardt slips on reporting consolidated net loss of Rs 14 crore in Q4

by admin- Tuesday, May 7th, 2019 04:01:07 PM

Wockhardt is currently trading at Rs. 405.75, down by 2.Ninety factors or 0.Seventy one% from its previous ultimate of Rs. 408.65 on the BSE.

The scrip opened at Rs. 419.30 and has touched a high and occasional of Rs. 420.00 and Rs. 399.50 respectively. So far 106480 stocks had been traded at the counter.

The BSE organization ‘A’ stock of face value Rs. Five has touched a 52 week high of Rs. 795.10 on 07-May-2018 and a fifty two week low of Rs. 375.00 on 14-Feb-2019.

Last one week excessive and coffee of the scrip stood at Rs. 420.00 and Rs. 396.60 respectively. The contemporary marketplace cap of the enterprise is Rs. 4491.65 crore.

The promoters retaining within the employer stood at 74.07%, whilst Institutions and Non-Institutions held 7.29% and 18.64% respectively.

Wockhardt has pronounced a net loss of Rs 33.52 crore for the zone ended March 31, 2019 against net profit of Rs 172.Forty four crore for the same quarter in the previous year. Total earnings of the agency reduced around 48.50% to Rs 475.79 crore for area beneath assessment as compared to Rs 923.Ninety crore for the area ended March 31, 2018.

On consolidated foundation, the employer has mentioned a net lack of thirteen.Ninety crore for the region ended March 31, 2019 in comparison to a net loss of Rs 152.91 crore for the corresponding area in the FY18. Total consolidated income of the organization reduced by 2.50% at Rs 984.55 crore for region beneath assessment in comparison to Rs 1,009.Eighty five crore for the same zone ended previous 12 months.

For the year ended March 31, 2019, the business enterprise has published a net loss of Rs eighty one.89 crore towards net income of Rs 68.66 crore for the preceding yr. Total earnings of organisation decreased by using 13.Ninety three% at Rs 2,one hundred eighty.Ninety five crore for year underneath review compared to Rs 2,534.14 crore for 12 months ended March 31, 2018.

For the 12 months ended March 31, 2019, at the consolidated foundation, the agency has said a internet loss at Rs 216.Sixty six crore in comparison to internet loss of Rs 666.Eighty five crore for the previous yr. However, general earnings of agency elevated marginally by way of 3.01% at Rs 4,179.40 crore for yr under review compared to Rs four,057.13 crore for yr ended March 31, 2018.

News Updates