Wockhardt has registered strong performance during the third quarter ended December 2011 with consolidated net profit growth of 50 per cent to Rs.213 crore from Rs.142 crore in the similar period of last year. Its EBDITA also went up by 53.9 per cent to Rs.384.91 crore from Rs.250.12 crore. The company's consolidated net sales moved up by 27.1 per cent to Rs.1,209 crore from Rs.951 crore. With smart improvement in profits, its earnings per share went up to Rs.19.44 from Rs.12.95 in the last period.

The company's R&D expenditure increased to Rs.13.49 crore from Rs.8.44 crore and its employees cost grew to Rs.139.83 crore from Rs.122.91 crore. The interest cost went up by 21.1 per cent to Rs.67.92 crore from Rs.56.08 crore. Taxation provision increased to Rs.36.99 crore as against Rs.17.32 crore. During the quarter, the company has issued 10,818,805 non convertible cumulative redeemable preference shares of s 5 each amounting to Rs.541 lakh to various banks/financial institutions. These shares are redeemable in the year 2018.

Wockhardt's standalone net sales for the quarter ended December 2011 moved up by 86 per cent to Rs.652 crore from Rs.457 crore and its standalone net profit increased by 74.2 per cent to Rs.116 crore from Rs.67 crore.