Welspun Corp consolidated net profit rises 58.18% in the March 2021 quarter

Sales decline 35.72% to Rs 1727.23 crore

Net profit of Welspun Corp rose 58.18% to Rs 218.72 crore in the quarter ended March 2021 as against Rs 138.27 crore during the previous quarter ended March 2020. Sales declined 35.72% to Rs 1727.23 crore in the quarter ended March 2021 as against Rs 2687.10 crore during the previous quarter ended March 2020.

For the full year,net profit declined 2.62% to Rs 618.83 crore in the year ended March 2021 as against Rs 635.46 crore during the previous year ended March 2020. Sales declined 37.02% to Rs 6146.65 crore in the year ended March 2021 as against Rs 9759.03 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1727.232687.10 -36 6146.659759.03 -37 OPM %11.9111.16 -12.4211.50 - PBDT284.94369.55 -23 1066.141299.80 -18 PBT229.96310.83 -26 851.571066.51 -20 NP218.72138.27 58 618.83635.46 -3

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