Welspun India standalone net profit declines 69.91% in the March 2022 quarter

Sales decline 7.08% to Rs 1597.10 crore

Net profit of Welspun India declined 69.91% to Rs 41.11 crore in the quarter ended March 2022 as against Rs 136.63 crore during the previous quarter ended March 2021. Sales declined 7.08% to Rs 1597.10 crore in the quarter ended March 2022 as against Rs 1718.75 crore during the previous quarter ended March 2021.

For the full year,net profit declined 25.55% to Rs 392.13 crore in the year ended March 2022 as against Rs 526.67 crore during the previous year ended March 2021. Sales rose 12.54% to Rs 6703.47 crore in the year ended March 2022 as against Rs 5956.35 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1597.101718.75 -7 6703.475956.35 13 OPM %9.3116.10 -13.2918.17 - PBDT162.00264.51 -39 895.471064.21 -16 PBT91.69182.24 -50 619.38734.07 -16 NP41.11136.63 -70 392.13526.67 -26

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