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Welspun Corp reports 58% rise in Q4 consolidated net profit

29 Jun 2021 Evaluate

Welspun Corp has reported results for fourth quarter and year ended March 31, 2021.

The company has reported 3- fold jump in its net profit at Rs 173.77 crore for the quarter under review as compared to net profit at Rs 53.79 crore for the same quarter in the previous year. However, total income of the company decreased by 10.03% at Rs 1332.11 crore for Q4FY21 as compared Rs 1480.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 58.18% in its net profit attributable to owners at Rs 218.72 crore for the quarter under review as compared to net profit of Rs 138.27 crore for the same quarter in the previous year. However, total income of the company decreased by 31.18% at Rs 1909.86 crore for Q4FY21 as compared Rs 2775.26 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported above 3- fold jump in its net profit at Rs 1002.11 crore as compared to net profit at Rs 268.14 crore for the previous year. Total income of the company increased by 18.16% at Rs 5500.46 crore for year under review as compared to Rs 4655.23 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 2.62% in its net profit attributable to owners at Rs 618.83 crore as compared to net profit of Rs 635.46 crore for the previous year. However, total income of the company decreased by 33.73% at Rs 6675.09 crore for year under review as compared to Rs 10072.65 crore for year ended March 31, 2020.

Welspun Corp Share Price

1090.90 13.55 (1.26%)
20-Apr-2026 10:29 View Price Chart
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