Exceptionals push Wockhardt to third-quarter loss
03 November 2009
Anju Ghangurde
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03 November 2009
Anju Ghangurde
aghangurde@yahoo.com
Wockhardt has reported a net loss of Rs540 million ($11.5 million) in the third quarter ended September 30th, hit by mark-to-market losses of about Rs2.84 billion.
Consolidated revenues, however, improved by 2.2% to Rs9.23 billion, with the branded business in India improving by 9%. Wockhardt...
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