Welspun Enterprises consolidated net profit declines 54.04% in the March 2021 quarter

Sales rise 20.84% to Rs 568.82 crore

Net profit of Welspun Enterprises declined 54.04% to Rs 40.72 crore in the quarter ended March 2021 as against Rs 88.59 crore during the previous quarter ended March 2020. Sales rose 20.84% to Rs 568.82 crore in the quarter ended March 2021 as against Rs 470.71 crore during the previous quarter ended March 2020.

For the full year,net profit declined 13.36% to Rs 128.99 crore in the year ended March 2021 as against Rs 148.88 crore during the previous year ended March 2020. Sales declined 15.38% to Rs 1529.51 crore in the year ended March 2021 as against Rs 1807.59 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales568.82470.71 21 1529.511807.59 -15 OPM %11.9213.86 -10.7310.56 - PBDT67.7293.67 -28 195.71225.28 -13 PBT63.4789.59 -29 179.72202.74 -11 NP40.7288.59 -54 128.99148.88 -13

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