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Welspun Enterprises consolidated net profit rises 278.33% in the March 2018 quarter

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Capital Market

Sales rise 122.73% to Rs 405.30 crore

Net profit of Welspun Enterprises rose 278.33% to Rs 25.31 crore in the quarter ended March 2018 as against Rs 6.69 crore during the previous quarter ended March 2017. Sales rose 122.73% to Rs 405.30 crore in the quarter ended March 2018 as against Rs 181.97 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1300.00% to Rs 69.44 crore in the year ended March 2018 as against Rs 4.96 crore during the previous year ended March 2017. Sales rose 249.37% to Rs 1067.13 crore in the year ended March 2018 as against Rs 305.44 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales405.30181.97 123 1067.13305.44 249 OPM %10.83-0.07 -7.24-10.41 - PBDT59.0029.20 102 158.9559.00 169 PBT54.1422.73 138 135.3638.10 255 NP25.316.69 278 69.444.96 1300

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First Published: May 10 2018 | 4:42 PM IST

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