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Welspun Corp reports standalone net profit of Rs 18.90 crore in the June 2016 quarter

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Capital Market

Sales decline 15.85% to Rs 1147.25 crore

Net profit of Welspun Corp reported to Rs 18.90 crore in the quarter ended June 2016 as against net loss of Rs 19.44 crore during the previous quarter ended June 2015. Sales declined 15.85% to Rs 1147.25 crore in the quarter ended June 2016 as against Rs 1363.41 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales1147.251363.41 -16 OPM %8.155.07 -PBDT84.8341.83 103 PBT27.99-21.77 LP NP18.90-19.44 LP

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First Published: Jul 28 2016 | 4:32 PM IST

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