Wockhardt announced that the Annual General Meeting (AGM) of the company will be held on 28 June 2024.Powered by Capital Market - Live News

Net Loss of Wockhardt reported to Rs 169.00 crore in the quarter ended March 2024 as against net loss of Rs 208.00 crore during the previous quarter ended March 2023. Sales rose 3.24% to Rs 700.00 crore in the quarter ended March 2024 as against Rs 678.00 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 463.00 crore in the year ended March 2024 as against net loss of Rs 559.00 crore during the previous year ended March 2023. Sales rose 5.55% to Rs 2798.00 crore in the year ended March 2024 as against Rs 2651.00 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales700.00678.00 3 2798.002651.00 6 OPM %-14.710.44 -1.393.81 - PBDT-122.00-41.00 -198 -183.00-79.00 -132 PBT-180.00-97.00 -86 -406.00-330.00 -23 NP-169.00-208.00 19 -463.00-559.00 17 Powered by Capital Market - Live News

Wockhardt will hold a meeting of the Board of Directors of the Company on 28 May 2024Powered by Capital Market - Live News

Wockhardt announced that ICRA (ICRA) has assigned a long-term rating of [ICRA]BBB- (Stable) and short-term rating of [ICRA]A3 for the Company, [ICRA]BBB-(Stable) for Long term - Fund Based - Term Loan of Rs.75 crore, [ICRA]BBB-(Stable) /[ICRA]A3 for Long term/ Short term - Fund Based Working Capital limits of Rs.512.80 crore, Long term/ Short term - Non Fund Based limits of Rs.171.20 crore, and Long term/ Short term - Unallocated Limits of Rs.326 crore with �Stable� outlook. This is an Investment Grade Rating. While assigning this rating, ICRA has factored overall improvement in company`s liquidity position post successful fund raising through Qualified Institutional Placement of Equity Shares, Reduction in long term external debt, established track records and healthy market position in various regulated markets and satisfactory progress of the NCE Program. Powered by Capital Market - Live News

Wockhardt will hold a meeting of the Board of Directors of the Company on 26 March 2024.Powered by Capital Market - Live News