Welspun Corp consolidated net profit declines 83.97% in the March 2016 quarter

Sales decline 19.19% to Rs 1792.78 crore

Net profit of Welspun Corp declined 83.97% to Rs 23.05 crore in the quarter ended March 2016 as against Rs 143.77 crore during the previous quarter ended March 2015. Sales declined 19.19% to Rs 1792.78 crore in the quarter ended March 2016 as against Rs 2218.60 crore during the previous quarter ended March 2015.

For the full year,net profit rose 229.48% to Rs 227.47 crore in the year ended March 2016 as against Rs 69.04 crore during the previous year ended March 2015. Sales rose 0.27% to Rs 8092.70 crore in the year ended March 2016 as against Rs 8071.12 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1792.782218.60 -19 8092.708071.12 0 OPM %8.7517.49 -11.0910.43 - PBDT115.25343.81 -66 771.26667.77 15 PBT0.71225.01 -100 317.06231.27 37 NP23.05143.77 -84 227.4769.04 229

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