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Welspun Enterprises standalone net profit declines 18.56% in the March 2021 quarter

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Capital Market

Sales rise 12.03% to Rs 504.61 crore

Net profit of Welspun Enterprises declined 18.56% to Rs 39.72 crore in the quarter ended March 2021 as against Rs 48.77 crore during the previous quarter ended March 2020. Sales rose 12.03% to Rs 504.61 crore in the quarter ended March 2021 as against Rs 450.43 crore during the previous quarter ended March 2020.

For the full year,net profit declined 32.57% to Rs 107.45 crore in the year ended March 2021 as against Rs 159.34 crore during the previous year ended March 2020. Sales declined 19.88% to Rs 1410.19 crore in the year ended March 2021 as against Rs 1760.05 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales504.61450.43 12 1410.191760.05 -20 OPM %13.6913.14 -11.9711.72 - PBDT57.2866.88 -14 153.30233.51 -34 PBT53.9062.96 -14 141.05214.07 -34 NP39.7248.77 -19 107.45159.34 -33

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First Published: Jun 17 2021 | 8:06 AM IST

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