Sales decline 19.19% to Rs 1792.78 crore
Net profit of Welspun Corp declined 83.97% to Rs 23.05 crore in the quarter ended March 2016 as against Rs 143.77 crore during the previous quarter ended March 2015. Sales declined 19.19% to Rs 1792.78 crore in the quarter ended March 2016 as against Rs 2218.60 crore during the previous quarter ended March 2015.For the full year,net profit rose 229.48% to Rs 227.47 crore in the year ended March 2016 as against Rs 69.04 crore during the previous year ended March 2015. Sales rose 0.27% to Rs 8092.70 crore in the year ended March 2016 as against Rs 8071.12 crore during the previous year ended March 2015.
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