Wockhardt - Update - Wockhardt Q4 net seen up 15% at Rs 100 cr

Wockhardt Q4 net seen up 15% at Rs 100 cr

Wockhardt is to announce its Q4FY08 numbers. According to CNBC-TV18 estimates, it is expected to post Q4 net profit of Rs 100 crore as against Rs 87.10 crore in same quarter of last year, a growth of 15%. Net sales is seen going up 46% at Rs 768 crore versus Rs 526 crore. Operating profit is seen up at Rs 176 crore versus Rs 122 crore. OPM is seen at 23% versus 23%. Key Factors to Watch For: Revenue growth will be driven by higher domestic formulation and consolidation of Negma labs acquisition EBIDTA ro remain flat due to higher R&D expenditure Higher interest costs will keep profits lower (but reported profits may be higher due to R&D capitalization)

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