Wockhardt’s stock saw a 4% increase after the company reported promising Q2 FY25 results.
Revenue from operations grew by 7.4% year-over-year to ₹809 crore, up from ₹753 crore in Q2 FY24. Sequentially, revenue rose by 9.5%, improving from ₹739 crore in Q1 FY25.
While the company posted a net loss of ₹22 crore this quarter, this marks a significant improvement from the ₹77 crore loss reported in Q2 FY24. However, quarter-over-quarter, the loss widened slightly from ₹14 crore in Q1 FY25.
As of 2:00 pm, Wockhardt shares were trading 3.14% higher at Rs 1,217.85 on the NSE.
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