Welspun India today reported over 83% jump in its net profit at Rs 98.66 crore for the quarter ended March 31 on the back of rising income.
The company had reported a net profit of Rs 53.83 crore in the same period of last financial year (2012-13), Welspun India said in a regulatory filing to the stock exchanges.
The company's total income from operations rose to Rs 934.02 crore from Rs 732.59 crore in the corresponding period.
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The company's net profit for the financial year 2013-14 was down to Rs 29.83 crore from Rs 171.40 crore in the previous fiscal (2012-13).
Welspun India is a home textile manufacturer with production facilities across the country and a distribution network in 32 countries.
The company's shares were trading at Rs 139, up 4.87%, on the BSE.