Welspun Corp reports standalone net profit of Rs 152.84 crore in the March 2017 quarter

Capital Market May 8, 2017 Last Updated at 16:38 IST

Sales rise 103.45% to Rs 1600.59 crore

Net profit of Welspun Corp reported to Rs 152.84 crore in the quarter ended March 2017 as against net loss of Rs 28.20 crore during the previous quarter ended March 2016. Sales rose 103.45% to Rs 1600.59 crore in the quarter ended March 2017 as against Rs 786.72 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 174.59 crore in the year ended March 2017 as against net loss of Rs 123.16 crore during the previous year ended March 2016. Sales rose 13.87% to Rs 4126.05 crore in the year ended March 2017 as against Rs 3623.42 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1600.59786.72 103 4126.053623.42 14 OPM %15.113.93 -12.174.49 - PBDT296.5313.94 2027 508.0368.93 637 PBT234.61-47.49 LP 263.78-178.60 LP NP152.84-28.20 LP 174.59-123.16 LP

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)