Welspun India consolidated net profit declines 41.83% in the March 2018 quarter

Sales decline 14.28% to Rs 1506.23 crore

Net profit of Welspun India declined 41.83% to Rs 89.86 crore in the quarter ended March 2018 as against Rs 154.48 crore during the previous quarter ended March 2017. Sales declined 14.28% to Rs 1506.23 crore in the quarter ended March 2018 as against Rs 1757.16 crore during the previous quarter ended March 2017.

For the full year,net profit rose 9.88% to Rs 398.18 crore in the year ended March 2018 as against Rs 362.37 crore during the previous year ended March 2017. Sales declined 8.88% to Rs 6050.57 crore in the year ended March 2018 as against Rs 6640.54 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1506.231757.16 -14 6050.576640.54 -9 OPM %17.5021.79 -18.5723.84 - PBDT254.13355.46 -29 1063.841505.68 -29 PBT124.05218.96 -43 559.671000.26 -44 NP89.86154.48 -42 398.18362.37 10

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