|
|
|
| |
News - Wockhardt Hospitals Ltd, Mumbai Maharashtra India |
|
|
|
|
|
|
| Wockhardt Hospitals Ltd |
| Wockhardt’s Q3 Results 2007 |
| Date : - 23/10/2007 |
|
Wockhardt’s Net Profits up by 46% Operating Margins 24.5% up by 2.3%
Mumbai, 23 Oct,2007
Pharmaceutical and biotechnology major Wockhardt Limited reported a robust consolidated Sales of Rs. 738 Crores with 68.5% growth and an EBITDA of Rs. 181 Crores up by 86.3%. The operating margin showed an increase of 230 basis points to 24.5% for Q3 ended September 30, 2007. The consolidated Net Profit stood at Rs. 108 Crore, showing a 46.4% growth over the corresponding quarter of 2006
“We have achieved this quarter a robust growth in Sales and Profits. We expect this trend to continue,” said Wockhardt Chairman Habil Khorakiwala. “We are fully focussed to create value from our recent acquisitions from Negma in France and Pinewood in Ireland.”
The Board of Directors has declared an interim dividend of 175%, i.e. Rs. 8.75 per equity share
For the nine-month period of 2007, Sales grew by 57.3% at Rs. 1891 crores and Net Profits showed a healthy growth of 79.6% at Rs. 277 crores
Wockhardt Limited is a global pharmaceutical and biotechnology major with an innovative research and development programme. Wockhardt has global footprints including UK, France, Germany, Ireland and USA. Wockhardt employs 5500 people worldwide belonging to 14 different nationalities. |
|
| Reference : - www.wockhardtin.com |
| Back To List |
|
|
|
|
|
| Copyright © 2024 Medical Tour Information All Rights Reserved |
|