Welspun Enterprises consolidated net profit rises 58.47% in the March 2022 quarter

Sales decline 14.80% to Rs 484.63 crore

Net profit of Welspun Enterprises rose 58.47% to Rs 64.53 crore in the quarter ended March 2022 as against Rs 40.72 crore during the previous quarter ended March 2021. Sales declined 14.80% to Rs 484.63 crore in the quarter ended March 2022 as against Rs 568.82 crore during the previous quarter ended March 2021.

For the full year,net profit declined 3.33% to Rs 124.70 crore in the year ended March 2022 as against Rs 128.99 crore during the previous year ended March 2021. Sales declined 8.38% to Rs 1401.40 crore in the year ended March 2022 as against Rs 1529.51 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales484.63568.82 -15 1401.401529.51 -8 OPM %15.5111.92 -10.6310.73 - PBDT89.7467.72 33 183.28195.71 -6 PBT85.4963.47 35 167.35179.72 -7 NP64.5340.72 58 124.70128.99 -3

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