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Welspun Enterprises reports 3-fold jump in Q3 consolidated net profit

30 Jan 2019 Evaluate

Welspun Enterprises has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 37.46% in its net profit at Rs 47.34 crore for the quarter under review as compared to Rs 34.44 crore for the same quarter in the previous year. Total income of the company increased by 47.57% at Rs 439.94 crore for Q3FY19 as compared Rs 298.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 43.39 crore for the quarter under review as compared to Rs 15.65 crore for the same quarter in the previous year. Total income of the company increased by 41.69% at Rs 459.47 crore for Q3FY19 as compared Rs 324.28 crore for the corresponding quarter previous year.

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