Welspun India consolidated net profit declines 22.58% in the March 2017 quarter

Sales rise 4.84% to Rs 1501.51 crore

Net profit of Welspun India declined 22.58% to Rs 154.48 crore in the quarter ended March 2017 as against Rs 199.53 crore during the previous quarter ended March 2016. Sales rose 4.84% to Rs 1501.51 crore in the quarter ended March 2017 as against Rs 1432.15 crore during the previous quarter ended March 2016.

For the full year,net profit declined 51.63% to Rs 362.37 crore in the year ended March 2017 as against Rs 749.12 crore during the previous year ended March 2016. Sales rose 8.94% to Rs 5770.45 crore in the year ended March 2017 as against Rs 5296.78 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1501.511432.15 5 5770.455296.78 9 OPM %25.5030.39 -27.4430.07 - PBDT355.46391.74 -9 1505.681446.29 4 PBT218.96288.17 -24 1000.261074.47 -7 NP154.48199.53 -23 362.37749.12 -52

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