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Welspun India reports 2% rise in Q1 consolidated net profit

27 Jul 2018 Evaluate

Welspun India has reported results for first quarter ended June 30, 2018.

The company has reported a fall of 0.06% in net profit at Rs 87.79 crore for the quarter under review as compared to net profit of Rs 87.84 crore for the same quarter in the previous year. Total income of the company increased by 0.11% at Rs 1,342.59 crore for Q1FY19 as compared Rs 1,341.05 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 2.37% in its net profit at Rs 127.21 crore for the quarter under review as compared to Rs 124.27 crore for the same quarter in the previous year. Total consolidated income of the company increased by 1.62% at Rs 1,577.78 crore for Q1FY19 as compared Rs 1,552.64 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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