Wockhardt Shares Surge 9% Following Strong Q4 Performance and FY26 Growth
Wockhardt shares jump 9% after strong Q4 turnaround, robust FY26 growth
The Economic TimesImage: The Economic Times
Wockhardt's shares increased by 8.57% to ₹1,550 after reporting a net profit of ₹164 crore in Q4FY26, a turnaround from a loss of ₹45 crore last year. The company also saw an 11% rise in full-year revenue, driven by robust growth in its biotech operations across emerging markets.
- 01Wockhardt reported a net profit of ₹164 crore in Q4FY26, a significant recovery from a loss in the previous year.
- 02Revenue for the quarter increased by 30% year-on-year to ₹965 crore.
- 03The company's full-year revenue for FY26 reached ₹3,373 crore, marking an 11% increase.
- 04Biotech operations were a major growth driver, contributing ₹252 crore in Q4FY26.
- 05Wockhardt's market capitalization is now ₹23,155 crore, with shares gaining 13% over the past month.
Advertisement
In-Article Ad
Shares of Wockhardt, a pharmaceutical company based in India, rose by 8.57% to ₹1,550 on Tuesday following a robust performance in the March quarter and strong full-year earnings. The company reported a net profit of ₹164 crore for Q4FY26, a turnaround from a loss of ₹45 crore in the same quarter the previous year. Revenue surged 30% year-on-year to ₹965 crore, up from ₹743 crore in Q4FY25, while EBITDA saw an impressive growth of 147%, reaching ₹196 crore compared to ₹79 crore a year earlier.
For the full fiscal year 2026, Wockhardt's revenue totaled ₹3,373 crore, reflecting an 11% increase from ₹3,033 crore in FY25. The EBITDA for the full year rose by 51% to ₹630 crore, indicating improved operational performance across various segments. A significant contributor to this growth was the company's biotech operations, which generated ₹252 crore in Q4FY26, marking a 126% increase year-on-year. The biotech segment's full-year revenue also rose by 27%, driven by strong growth in emerging markets, surpassing 34% growth.
Wockhardt's market capitalization currently stands at ₹23,155 crore, and its stock has experienced a 13% increase over the past month. The shares are trading between a 52-week high of ₹1,868.80 and a low of ₹1,086.70. The company has made significant strides in its product pipeline, with numerous filings and approvals in both biosimilars and new chemical entities (NCEs).
Advertisement
In-Article Ad
The strong financial performance may lead to increased investor confidence and potentially more investments in Wockhardt, benefiting employees and stakeholders.
Advertisement
In-Article Ad
Reader Poll
Do you believe Wockhardt's growth will continue in the next fiscal year?
Connecting to poll...
More about Wockhardt
Read the original article
Visit the source for the complete story.


