Wockhardt shares rallied more than 10% in early trade on May 5, 2026, after the pharmaceutical company reported a sharp turnaround in its March quarter (Q4FY26) earnings.

The company posted a 29.9% year-on-year (YoY) rise in revenue, which stood at ₹965 crore compared to ₹743 crore in the same quarter last year. The growth was supported by improved traction across key business segments and better product mix.

Operational performance saw a significant improvement during the quarter. EBITDA jumped to ₹225 crore from ₹64 crore a year ago, indicating strong cost control and operating leverage. As a result, EBITDA margin expanded sharply to 23.3%, compared to just 8.6% in Q4FY25.

Wockhardt also reported a net profit of ₹166 crore, marking a strong turnaround from a net loss of ₹25 crore in the corresponding quarter last year. The return to profitability highlights improved efficiency and stabilisation in core operations.

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TOPICS: Wockhardt