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Welspun India’s Q3 consolidated net falls 47%

Welspun India's Q3 consolidated net falls 47%Mumbai, Feb 13 (IANS) Home textiles firm Welspun India on Tuesday reported a 47.08 per cent fall in its consolidated net profit to Rs 79.51 crore during the third quarter (Q3) of 2017-18.

The consolidated net profit of the company fell to Rs 79.51 crore from Rs 150.24 crore reported in the Q3 of 2016-17, the company said in a regulatory filing to the BSE.

The company reported a total income of Rs 1,414.30 crore during the quarter under review, down 7.07 per cent from Rs 1,521.82 crore earned in the corresponding period of FY17.

 

The stand-alone net profit of Welspun India stood at Rs 84.77 crore in Q3, FY18, down 29.18 per cent from Rs 119.69 crore reported in Q3, FY17.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Welspun India's Q3 consolidated net falls 47%

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