Debt-laden Wockhardt says that stringent cost-cutting has helped it to swing back into the black in its financial third quarter, marking the first time the drugmaker has posted a profit in three years, as it seeks to raise funds through restructuring its business.
Wockhardt Will Raise Funds With Restructuring
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India’s Wockhardt has announced its first profit in three years and says a restructuring plan will be carried out soon.
