Wockhardt Q1 net down 6% at Rs 41.70 cr

Wockhardt on Tuesday reported a 6 per cent decline in consolidated net profit at Rs 41.70 crore (Rs 417 million) for the first quarter ended March 31, 2005 as against Rs 44.40 crore (Rs 444 million) in Q1 FY04.

According to a release issued by the company to the Bombay Stock Exchange, the total income increased to Rs 318.70 crore (Rs 3.187 billion) for the quarter ended March 31, 2005 from Rs 291.10 crore (Rs 2.911 billion) in Q1 FY04.