Welspun India standalone net profit declines 11.07% in the March 2017 quarter

Sales rise 7.01% to Rs 1325.24 crore

Net profit of Welspun India declined 11.07% to Rs 157.14 crore in the quarter ended March 2017 as against Rs 176.71 crore during the previous quarter ended March 2016. Sales rose 7.01% to Rs 1325.24 crore in the quarter ended March 2017 as against Rs 1238.48 crore during the previous quarter ended March 2016.

For the full year,net profit declined 52.72% to Rs 306.54 crore in the year ended March 2017 as against Rs 648.33 crore during the previous year ended March 2016. Sales rose 11.79% to Rs 5178.56 crore in the year ended March 2017 as against Rs 4632.42 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1325.241238.48 7 5178.564632.42 12 OPM %27.4026.18 -26.4427.36 - PBDT348.97324.91 7 1354.171231.88 10 PBT222.39232.85 -4 887.85906.13 -2 NP157.14176.71 -11 306.54648.33 -53

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