Pharmaceuticals company Wockhardt announced Q1FY24 results: Revenue of Rs 658 crore in Q1FY24 compared to Rs 596 crore in Q1FY23 registering a growth of 10%. EBITDA for Q1FY24 is Rs 32 crore as compared to Rs (15) crore in Q4FY23 registering a 3-fold growth. 11 patents were filed during Q1FY24 and the cumulative filings to date are 3,250. The company was granted 12 patents during Q1FY24 and now holds 822 patents. R&D; expenses remained constant at Rs 36 crore in Q1FY24 compared to Q1FY23. Profit After Tax of Rs (136) crore in Q1FY24 compared to Rs (75) crore in Q1FY23. Result PDF
Pharmaceuticals company Wockhardt announced Q4FY23 & FY23 results: Q4FY23: The Company recorded a Revenue of Rs 710 crore in Q4FY23 vs Rs 666 crore in Q4FY22, up 7% EBITDA for Q4FY23 is Rs 47 crore as compared to Rs (22) crore in Q4FY22 registering a substantial growth of 314% UK Business stood at Rs 242 crore in Q4FY23 compared to Rs 223 crore in Q3FY23 registering a growth of 8%. UK Business contributed about 36% of Global Revenue. India Business stood at Rs 125 crore in Q4FY23. India's Business contributed 19% of the Global Revenue. Emerging Markets Business of the Company stood at Rs 173 crore in Q4FY23 compared to Rs 148 crore in Q3FY23 registering a growth of 16%. Emerging Markets Business contributed about 25% of the Global Revenue. Irish Business stood at Rs 44 crore in Q4FY23 compared to Rs 40 crore in Q3FY23 showing a growth of 10%. US Business stood at Rs 50 crore in Q4FY23. US Business contributed 7% of the Global Revenue. FY23: UK Business stood at Rs 887 crore in FY23. UK Business contributed about 33% of Global Revenue. India's Business stood at Rs 609 crore in FY23. India's Business contributed 23% of the Global Revenue. Emerging Markets Business of the Company stood at Rs 555 crore in FY23. Emerging Markets Business contributed about 21% of the Global Revenue. Irish Business stood at Rs 158 crore in FY23 compared to Rs 153 crore in FY22, up 4% US Business stood at Rs 303 crore in FY23. US Business contributed 11% of the Global Revenue. Result PDF
Conference Call with Wockhardt Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.