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Welspun Corp Q4 cons net profit marginally up-news29052012


Welspun Corp has announced the following results for the quarter & year ended March 31, 2012:

Standalone Results

The Audited results for the Quarter ended March 31, 2012

    The net profit of the company jumped by 77.86% to Rs105.65 crore for the quarter ended March 31, 2012 as compared to Rs59.40 crore for the quarter ended March 31, 2011.
    The total income of the company increased by 13.75% to Rs1947.67 crore for the quarter ended March 31, 2012 from Rs1712.31 crore for the quarter ended March 31, 2011.

The figures for the quarter ended on March 31, 2011 are unaudited.

The Audited results for the Year ended March 31, 2012

    The net profit of the company dropped by 82.35% to Rs64.94 crore for the year ended March 31, 2012 as compared to Rs364.45 crore for the year ended March 31, 2011.
    The total income of the company decreased by 5.89% to Rs5988.91 crore ended March 31, 2012from Rs6363.91 crore for the year ended March 31, 2011.

Consolidated Results

The Audited consolidated results for the Quarter ended March 31, 2012

    The net profit of the group marginally up by 0.42% to Rs118.55 crore for the quarter ended March 31, 2012 as compared to Rs118.06 crore for the quarter ended March 31, 2011.
    The total income of the group increased by 26.65% to Rs2805.91 crore for the quarter ended March 31, 2012 from Rs2215.45 crore for the quarter ended March 31, 2011.

The Audited consolidated results for the Year ended March 31, 2012

    The net profit of the group declined by 62.32% to Rs238.54 crore for the year ended March 31, 2012 as compared to Rs633.03 crore for the year ended March 31, 2011.
    The total income of the group increased by 13.62% to Rs9244.16 crore for the year ended March 31, 2012 from Rs8136.02 crore for the year ended March 31, 2011.

Welspun Corp closed at Rs121.15, up by 1.59%, with a volume of 2.70 lakh shares on the BSE.                     
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