Wyeth has announced the results for the first quarter ended June 30, 2014. The revenue for the quarter was reported at Rs 191 crores as compared to Rs 164 crores in the same period last year, reflecting a growth of 16 per cent.
Profit from operations before other income, finance cost and tax reflects a growth of 50 per cent. The EBITDA margins have improved to 20 per cent as compared to 15 per cent in the same period last year. Profit before tax was Rs 43 crores during the quarter as compared to Rs 34 crores in the same period last year, reflecting a growth of 28 per cent.
EP News Bureau– Mumbai