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Welspun Corp standalone net profit rises 259.65% in the June 2020 quarter

Capital Market 

Sales rise 97.33% to Rs 1001.65 crore

Net profit of Welspun Corp rose 259.65% to Rs 553.11 crore in the quarter ended June 2020 as against Rs 153.79 crore during the previous quarter ended June 2019. Sales rose 97.33% to Rs 1001.65 crore in the quarter ended June 2020 as against Rs 507.61 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales1001.65507.61 97 OPM %9.70-11.45 -PBDT709.19207.22 242 PBT685.42179.48 282 NP553.11153.79 260

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 28 2020. 16:38 IST
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