Wockhardt Q3 Loss Narrows to Rs 86 Cr - PTI

Feb 14, 2024 15:05

Wockhardt Ltd reports a narrowed consolidated net loss of Rs 86 crore for Q3 FY24, compared to Rs 102 crore in the previous year. Revenue remained stable at Rs 701 crore.

New Delhi, Feb 14 (PTI) Pharmaceuticals firm Wockhardt Ltd on Wednesday reported narrowing of consolidated net loss to Rs 86 crore for the third quarter ended December 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.

By Rediff Money Desk, NEWDELHI

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