Wockhardt Q2 net at Rs 127.58 cr

The company had posted a net loss of Rs 96.68 crore for the quarter ended September 30, 2010, Wockhardt said in a filing to BSE.

Consolidated net sales stood at Rs 1,110.63 crore for the quarter under consideration as against Rs 940.07 crore in the corresponding quarter a year ago. Wockhardt USA reported sales growth of 49 per cent with its prime products improving market share in a highly competitive market scenario. 

The company’s India business grew by 13.5 per cent in the second quarter this fiscal, capturing a market share of 2.03 per cent as compared to 1.94 per cent last year.

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