Welspun Corp has reported results for first quarter ended June 30, 2018.
The company has reported a fall of 80.98% in its net profit at Rs 21.33 crore for the quarter under review as compared to Rs 112.16 crore for the same quarter in the previous year. However, total income of the company increased marginally by 2.01% at Rs 1,433.54 crore for Q1FY19 as compared Rs 1,405.31 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 14.60% in its net profit at Rs 46.69 crore for the quarter under review as compared to Rs 54.67 crore for the same quarter in the previous year. However, total consolidated income of the company increased by 24.01% at Rs 2,085.51 crore for Q1FY19 as compared Rs 1,681.77 crore for the corresponding quarter previous year.
