Wockhardt Q1 net up 961.22 per cent

New Delhi, Apr 26: Pharma major Wockhardt Ltd today posted a whopping increase of 961.22 per cent in net profit from Rs 52 crore for the quarter ended March 31, 2007 as compared to Rs 4.9 crore during the same period last year.

The total income increased by 11.65 per cent to Rs 296.1 crore for Q1FY07 from Rs 265.2 crore in Q1FY06 for the corresponding quarter in previous year.

The consolidated results announced by the group posted a profit after tax of Rs 66.3 crore for the quarter ended March 31, 2007 as compared to net loss of Rs 3.7 crore for Q1FY06.

The total income has increased to Rs 525 crore for the quarter ended March 31, 2007 from Rs 354.8 crore for the same a year ago.

UNI