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Welspun Enterprises standalone net profit rises 276.06% in the March 2017 quarter

Capital Market 

Sales rise 148.51% to Rs 181.49 crore

Net profit of Welspun Enterprises rose 276.06% to Rs 17.75 crore in the quarter ended March 2017 as against Rs 4.72 crore during the previous quarter ended March 2016. Sales rose 148.51% to Rs 181.49 crore in the quarter ended March 2017 as against Rs 73.03 crore during the previous quarter ended March 2016.

For the full year,net profit rose 0.53% to Rs 43.27 crore in the year ended March 2017 as against Rs 43.04 crore during the previous year ended March 2016. Sales rose 62.58% to Rs 300.53 crore in the year ended March 2017 as against Rs 184.85 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales181.4973.03 149 300.53184.85 63 OPM %0.34-21.16 --9.97-25.67 - PBDT27.9118.93 47 59.9956.87 5 PBT22.5113.44 67 42.6831.16 37 NP17.754.72 276 43.2743.04 1

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

First Published: Fri, June 02 2017. 18:01 IST
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