Wockhardt: Will consolidate Farex, Protinex

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Wockhardt: Will consolidate Farex, Protinex

Wockhardt will announce its numbers today.CNBC-TV18's research analyst Archi Damania previews the result.

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Excerpts from Midcap Radar on CNBC-TV18 Watch the full show » ALSO READ News and Notices about Wockhardt See interviews with Wockhardt Management See what other Experts & Brokerages are saying about Wockhardt See previous Results of Wockhardt Wockhardt BSE | NSE 28/05/12 Are Mutual Funds betting on Wockhardt?

Wockhardt will announce its numbers today. CNBC-TV18's research analyst Archi Damania previews the result.

According to CNBC-TV18 earnings estimates, net sales are up 17% at Rs 1,651 crore vs Rs 1412 crore whereas the net profit is seen down 6% at Rs 241 crore vs Rs 257 crore.

The Pinewood acquisition may contribute USD 15 million in sales, USD 1.5 million in profits. According to the estimates Wockhardt will see growth in its domestic business. Consolidation of Farex & Protinex is also on the cards. EBIDTA margins may decline due to higher staff & material cost.

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