Net profit of Welspun India declined 41.83% to Rs 89.86 crore in the quarter ended March 2018 as against Rs 154.48 crore during the previous quarter ended March 2017. Sales declined 14.28% to Rs 1506.23 crore in the quarter ended March 2018 as against Rs 1757.16 crore during the previous quarter ended March 2017.

For the full year,net profit rose 9.88% to Rs 398.18 crore in the year ended March 2018 as against Rs 362.37 crore during the previous year ended March 2017. Sales declined 8.88% to Rs 6050.57 crore in the year ended March 2018 as against Rs 6640.54 crore during the previous year ended March 2017.

Powered by Capital Market - Live News

Net profit of Welspun India declined 53.68% to Rs 72.78 crore in the quarter ended March 2018 as against Rs 157.14 crore during the previous quarter ended March 2017. Sales declined 16.31% to Rs 1237.14 crore in the quarter ended March 2018 as against Rs 1478.16 crore during the previous quarter ended March 2017.

For the full year,net profit declined 0.80% to Rs 304.10 crore in the year ended March 2018 as against Rs 306.54 crore during the previous year ended March 2017. Sales declined 11.75% to Rs 4976.59 crore in the year ended March 2018 as against Rs 5639.33 crore during the previous year ended March 2017.

Powered by Capital Market - Live News

Welspun India announced that the Board of Directors of the Company at its meeting held on 16 May 2018, has recommended a Dividend of Rs.0.65 per share (i.e.65%), subject to the approval of the shareholders.

Powered by Capital Market - Live News

Welspun India will hold a meeting of the Board of Directors of the Company on 16 May 2018.

Powered by Capital Market - Live News