Welspun Corp standalone net profit rises 223.05% in the March 2021 quarter

Sales decline 11.94% to Rs 1212.02 crore

Net profit of Welspun Corp rose 223.05% to Rs 173.77 crore in the quarter ended March 2021 as against Rs 53.79 crore during the previous quarter ended March 2020. Sales declined 11.94% to Rs 1212.02 crore in the quarter ended March 2021 as against Rs 1376.34 crore during the previous quarter ended March 2020.

For the full year,net profit rose 273.73% to Rs 1002.11 crore in the year ended March 2021 as against Rs 268.14 crore during the previous year ended March 2020. Sales rose 9.66% to Rs 4507.07 crore in the year ended March 2021 as against Rs 4109.89 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1212.021376.34 -12 4507.074109.89 10 OPM %10.289.28 -12.616.01 - PBDT210.01150.43 40 1377.08537.48 156 PBT183.92120.26 53 1279.74414.08 209 NP173.7753.79 223 1002.11268.14 274

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