Welspun Corp reports standalone net loss of Rs 35.87 crore in the March 2016 quarter

Sales decline 52.75% to Rs 786.62 crore

Net loss of Welspun Corp reported to Rs 35.87 crore in the quarter ended March 2016 as against net profit of Rs 77.35 crore during the previous quarter ended March 2015. Sales declined 52.75% to Rs 786.62 crore in the quarter ended March 2016 as against Rs 1664.94 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 93.36 crore in the year ended March 2016 as against net loss of Rs 15.71 crore during the previous year ended March 2015. Sales declined 22.61% to Rs 3624.32 crore in the year ended March 2016 as against Rs 4683.14 crore during the previous year ended March 2015.

 

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales786.621664.94 -53 3624.324683.14 -23 OPM %3.7510.44 -4.906.04 - PBDT5.55184.72 -97 113.19217.28 -48 PBT-55.88116.88 PL -134.34-25.50 -427 NP-35.8777.35 PL -93.36-15.71 -494

Powered by Capital Market - Live News