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This Article is From Feb 14, 2024

Wockhardt Q3 Loss Narrows To Rs 86 Crore

Wockhardt Q3 Loss Narrows To Rs 86 Crore
Source: Unsplash

Pharmaceuticals firm Wockhardt Ltd on Wednesday reported narrowing of consolidated net loss to Rs 86 crore for the third quarter ended Dec. 31, 2023.

The company had incurred a loss of Rs 102 crore in the third quarter last fiscal, Wockhardt Ltd said in a regulatory filing.

Revenue from operations during the quarter under review stood at Rs 701 crore as compared to Rs 699 crore in the year-ago period, the company said.

Total expenses were lower at Rs 796 crore as against Rs 803 crore in the same period last fiscal.

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