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Welspun Corp net profit declines 76.45% in the March 2013 quarter

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Capital Market
Net profit of Welspun Corp declined 76.45% to Rs 24.88 crore in the quarter ended March 2013 as against Rs 105.65 crore during the previous quarter ended March 2012. Sales declined 14.29% to Rs 1605.46 crore in the quarter ended March 2013 as against Rs 1873.05 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 18.25% to Rs 53.09 crore in the year ended March 2013 as against Rs 64.94 crore during the previous year ended March 2012. Sales rose 14.95% to Rs 6632.17 crore in the year ended March 2013 as against Rs 5769.71 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales1605.461873.05 -14 6632.175769.71 15 OPM %9.169.59 -4 5.575.00 11 PBDT172.54178.17 -3 370.78260.66 42 PBT113.87128.59 -11 141.7976.31 86 NP24.88105.65 -76 53.0964.94 -18

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First Published: Jun 03 2013 | 3:42 PM IST

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