Welspun Corp has reported results for third quarter ended December 31, 2018.
The company has reported a net loss of Rs 7.20 crore for the quarter under review against net profit of Rs 10.37 crore for the same quarter in the previous year. Total income of the company decreased by 20.34% at Rs 1148.44 crore for Q3FY19 as compared Rs 1441.69 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 54.69% in its net profit at Rs 30.08 crore for the quarter under review as compared to Rs 66.39 crore for the same quarter in the previous year. However, total income of the company increased by 16.10% at Rs 2,697.93 crore for Q3FY19 as compared Rs 2,323.75 crore for the corresponding quarter previous year.
