Wockhardt Q2 Results: Stock surges after drugmaker reports net profit from loss last year
Published on 03/11/2025 03:17 PM
Wockhardt Q2 Results: Stock surges after drugmaker reports net profit from loss last yearWockhardt reported a net profit of ₹78 crore, compared to a net loss of ₹22 crore that it had reported during the same quarter last year.By Hormaz Fatakia November 3, 2025, 3:17:09 PM IST (Published)1 Min ReadShares of Wockhardt Ltd. surged as much as 12% on Monday, November 3, in response to its quarterly results for the September quarter.
The company reported a net profit of ₹78 crore, compared to a net loss of ₹22 crore that it had reported during the same quarter last year.
The company's revenue though, declined by 3.3% from last year to ₹782 crore, although the company's operating performance was strong.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the stock increased by 62% on a year-on-year basis to ₹178 crore, while margins expanded by over 900 basis points to 22.8% from 13.6% during the year-ago quarter.
Shares of Wockhardt are trading 10.4% higher after the results announcement at ₹1,415. The stock is still down 2.5% on a year-to-date basis.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsQ2 resultsshare market todayWockhardtWockhardt share price