Welspun India net profit rises 83.28% in the March 2014 quarter

Sales rise 26.38% to Rs 872.47 crore

Net profit of Welspun India rose 83.28% to Rs 98.66 crore in the quarter ended March 2014 as against Rs 53.83 crore during the previous quarter ended March 2013. Sales rose 26.38% to Rs 872.47 crore in the quarter ended March 2014 as against Rs 690.33 crore during the previous quarter ended March 2013.

For the full year,net profit declined 82.59% to Rs 29.84 crore in the year ended March 2014 as against Rs 171.41 crore during the previous year ended March 2013. Sales rose 15.13% to Rs 3295.46 crore in the year ended March 2014 as against Rs 2862.39 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales872.47690.33 26 3295.462862.39 15 OPM %22.7913.14 -21.4815.69 - PBDT193.0269.52 178 667.43359.99 85 PBT149.6834.70 331 44.64227.18 -80 NP98.6653.83 83 29.84171.41 -83

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