Welspun Corp has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 62.64% rise in its net profit at Rs 315.19 crore for the quarter under review as compared to Rs 193.80 crore for the same quarter in the previous year. Total income of the company increased by 40.50% at Rs 2166.25 crore for Q4FY22 as compared Rs 1541.81 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 29.27% in its net profit at Rs 263.56 crore for the quarter under review as compared to Rs 372.63 crore for the same quarter in the previous year. However, total income of the company increased by 13.25% at Rs 2413.48 crore for Q4FY22 as compared Rs 2131.07 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported 52.29% fall in its net profit at Rs 485.72 crore as compared to Rs 1018.03 crore for the previous year. Total income of the company decreased by 6.18% at Rs 5770.49 crore for year under review as compared to Rs 6150.31 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 46.26% fall in its net profit at Rs 444.17 crore as compared to Rs 826.64 crore for the previous year. Total income of the company decreased by 6.03% at Rs 7056.33 crore for year under review as compared to Rs 7509.39 crore for year ended March 31, 2021.
