Welspun India posted a 33 per cent increase in its profit after tax at Rs 172.4 crore in the second quarter of the current financial year as compared to Rs 129.9 crore it posted in Q2 of FY2015.
The company's revenue went up 4 per cent year on year at Rs 1,472.3 crore in Q2 FY 2016 versus Rs 1,413.5 crore in Q2 of FY 2015. "Growth rate was muted on account of base effect and capacity constraints," the company said.
On Tuesday, the company's stocks on BSE closed 0.48% lower at Rs 761 apiece.