Welspun India consolidated net profit declines 59.89% in the March 2022 quarter

Sales rise 4.28% to Rs 2227.09 crore

Net profit of Welspun India declined 59.89% to Rs 52.19 crore in the quarter ended March 2022 as against Rs 130.11 crore during the previous quarter ended March 2021. Sales rose 4.28% to Rs 2227.09 crore in the quarter ended March 2022 as against Rs 2135.71 crore during the previous quarter ended March 2021.

For the full year,net profit rose 11.40% to Rs 601.17 crore in the year ended March 2022 as against Rs 539.67 crore during the previous year ended March 2021. Sales rose 26.86% to Rs 9311.47 crore in the year ended March 2022 as against Rs 7340.18 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2227.092135.71 4 9311.477340.18 27 OPM %10.1715.00 -14.5918.42 - PBDT220.36294.03 -25 1293.441222.34 6 PBT108.91179.78 -39 872.97768.70 14 NP52.19130.11 -60 601.17539.67 11

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