Welspun Corp has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a fall of 96.10% in its net profit at Rs 2.94 crore for the quarter, as compared to Rs 75.46 crore for the same quarter in the previous year. However, total income of the company has increased by 21.88% to Rs 1881.69 crore for the quarter under review as compared to Rs 1543.93 crore for the quarter ended June 30, 2011.
On consolidated basis, the company has reported a fall of 93.73% in its net profit at Rs 7.47 crore for the quarter, as compared to Rs 119.11 crore for the same quarter in the previous year. However, total income of the company has increased by 45.21% to Rs 2620.55 crore for the quarter under review as compared to Rs 1804.63 crore for the quarter ended June 30, 2011.
