Wockhardt Limited reported a consolidated turnaround in its financial performance for FY26, posting a net profit of Rs 317 crore compared to a net loss of Rs 12 crore in FY25.

The company also announced an enabling proposal for raising funds through various instruments, subject to shareholder approval. 

According to the outcome of the board meeting held on May 4, 2026, Wockhardt’s Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. 

For FY26, revenue from operations rose to Rs 1,739 crore from Rs 1,402 crore in FY25, while total income increased to Rs 1,876 crore compared to Rs 1,457 crore in the previous financial year. Profit before tax stood at Rs 317 crore against a loss of Rs 12 crore in FY25. Earnings per share for FY26 came in at Rs 19.54 versus a loss per share of Rs 0.76 in the previous year. 

For the quarter ended March 31, 2026, the company reported revenue from operations of Rs 516 crore, up from Rs 355 crore in the corresponding quarter last year. Quarterly net profit stood at Rs 167 crore compared to Rs 40 crore in Q4 FY25. 

The board also approved an enabling proposal to raise funds through equity shares, convertible securities, non-convertible securities, qualified institutional placements (QIPs), preferential allotments, or other permitted methods in one or more tranches. The proposal will be subject to shareholder approval at the upcoming Annual General Meeting and necessary regulatory clearances. 

During the quarter, Wockhardt recorded an exceptional gain of Rs 35 crore linked to the settlement of a legal dispute with Dr. Reddy’s Laboratories Limited related to a Business Transfer Agreement signed in 2020 for the transfer of part of its domestic branded business. 

The company also disclosed that it accounted for an incremental impact of Rs 10 crore arising from India’s new labour codes under exceptional items. 

Wockhardt stated that the statutory auditors, M S K C & Associates LLP, issued an unmodified audit opinion on the FY26 financial results.