WYETH LIMITED - FIRST QUARTER RESULTS Q1 FY 2013 (JUNE 2012) - NET SALES UP 14.22%YoY; NET PROFIT DOWN 8.4%YoY;

WYETH LIMITED

FIRST QUARTER RESULTS

Q1 FY 2013

WYETH LIMITED has declared its results for the QE June 2012.

The High Lights are as below :

Net Sales stand at Rs.167.26 Cr for Q1 FY 13; compared to Rs.152.14 Cr in Q4 FY 12 (Up 9.94%); and Rs.146.44 cr in Q1 FY 12 (Up 14.22%). Thus, Sales have improved decently over the period, though not very impressively YoY.

Total Expenditure     stands at Rs.119.79 Cr for Q1 FY 13; compared to Rs.103.25 Cr in Q4 FY 12 (Up 16.02%); and Rs.93.72 Cr in Q1 FY 12 (Up 27.82%).Expenditure has increased more than Proportionately – compared to Sales and has thus impacted Profits slightly adversely.

Net Profit stands at Rs.38.92 Cr in Q1 FY 13; against Rs.43.65 Cr in Q4 FY 12 (down -10.84%); and Rs.42.49 Cr in Q1 FY 12 (down  -8.4%).

Diluted EPS   for Q1 FY 13 stands at Rs.17.13; against Rs.19.21 in Q4 FY 12;  and Rs.18.7 in Q1 FY 12. This is on a Face Value of Rs.10.

52 week high/low price : 1068.95/794.00

Current MP : Rs.923.

The other details can be seen in the Table below :

WYETH LTD	30-Jun-12	31-Mar-12	QoQ Dif%	30-Jun-11	YoY Dif%
Net Sales	16726	15214	9.94	14644	14.22
Total Expenditure	11979	10325	16.02	9372	27.82
Profit  before Interest, Dep. & Taxes	4747	4889	-2.9	5272	-9.96
Net Profit	3892	4365	-10.84	4249	-8.4
Diluted EPS	17.13	19.21	-10.83	18.7	-8.4
Net Sales	16726	15214	9.94	14644	14.22
Cost of materials	2501	873	186.48	1438	73.92
Purchases of SIT	4882	3526	38.46	4172	17.02
Employee benefits	1027	786	30.66	962	6.76
Depreciation	69	95	-27.37	156	-55.77
Other expenses	4454	3986	11.74	3573	24.66
Total expenses	11979	10325	16.02	9372	27.82
Profit  before tax	5794	6285	-7.81	6001	-3.45
Tax Expenses	1902	1920	-0.94	1752	8.56
Net Profit	3892	4365	-10.84	4249	-8.4
Face Value of Share (in.Rs. )	10	10	0	10	0
Paid-up Equity	2272	2272	0	2272	0
Diluted EPS	17.13	19.21	-10.83	18.7	-8.4
Public Shareholding (%)	48.88	48.88	0	48.88	0

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