Welspun Enterprises consolidated net profit rises 206.77% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 02 2020 | 9:05 AM IST

Sales decline 35.08% to Rs 470.71 crore

Net profit of Welspun Enterprises rose 206.77% to Rs 90.68 crore in the quarter ended March 2020 as against Rs 29.56 crore during the previous quarter ended March 2019. Sales declined 35.08% to Rs 470.71 crore in the quarter ended March 2020 as against Rs 725.07 crore during the previous quarter ended March 2019.

For the full year,net profit rose 19.16% to Rs 150.97 crore in the year ended March 2020 as against Rs 126.69 crore during the previous year ended March 2019. Sales rose 1.17% to Rs 1807.59 crore in the year ended March 2020 as against Rs 1786.60 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales470.71725.07 -35 1807.591786.60 1 OPM %13.8610.32 -10.5610.01 - PBDT93.6765.94 42 225.28198.62 13 PBT89.5961.25 46 202.74187.13 8 NP90.6829.56 207 150.97126.69 19

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 02 2020 | 8:10 AM IST

Next Story