Welspun Investments & Commercials reports standalone net loss of Rs 0.04 crore in the March 2021 quarter

Sales decline 99.09% to Rs 0.06 crore

Net loss of Welspun Investments & Commercials reported to Rs 0.04 crore in the quarter ended March 2021 as against net profit of Rs 6.48 crore during the previous quarter ended March 2020. Sales declined 99.09% to Rs 0.06 crore in the quarter ended March 2021 as against Rs 6.59 crore during the previous quarter ended March 2020.

For the full year,net profit declined 89.22% to Rs 0.79 crore in the year ended March 2021 as against Rs 7.33 crore during the previous year ended March 2020. Sales declined 83.61% to Rs 1.36 crore in the year ended March 2021 as against Rs 8.30 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.066.59 -99 1.368.30 -84 OPM %-33.3398.33 -77.9487.71 - PBDT-0.046.47 PL 1.067.28 -85 PBT-0.046.47 PL 1.067.28 -85 NP-0.046.48 PL 0.797.33 -89

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