Welspun Specialty Solutions reports standalone net profit of Rs 131.31 crore in the March 2021 quarter

Sales decline 48.81% to Rs 27.99 crore

Net profit of Welspun Specialty Solutions reported to Rs 131.31 crore in the quarter ended March 2021 as against net loss of Rs 31.64 crore during the previous quarter ended March 2020. Sales declined 48.81% to Rs 27.99 crore in the quarter ended March 2021 as against Rs 54.68 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 93.20 crore in the year ended March 2021 as against net loss of Rs 81.37 crore during the previous year ended March 2020. Sales declined 68.35% to Rs 93.43 crore in the year ended March 2021 as against Rs 295.17 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales27.9954.68 -49 93.43295.17 -68 OPM %-16.08-52.41 --22.10-24.07 - PBDT-6.31-28.75 78 -30.51-81.62 63 PBT-9.74-31.64 69 -44.32-91.94 52 NP131.31-31.64 LP 93.20-81.37 LP

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