Welspun Corp consolidated quarterly earnings zoom 2.33 times
Source: IRIS | 28 Jan, 2015, 06.55PM
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| Rating: NAN / 5 stars. |
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Welspun Corp announced a sharp rise in consolidated net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 2.33 times to Rs 174.90 million from Rs 75.10 million in the same quarter last year. Net sales for the quarter rose 29.14% to Rs 22,496.60 million, compared with Rs 17,420 million for the prior year period. Earnings per share for the quarter stood at Rs 0.66, registering 2.28 times growth over previous year period.
| Quarterly Results - consolidated (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 22,496.60 | 17,420.00 | 29.14 | | Net Profit | 174.90 | 75.10 | 132.89 | | Basic EPS | 0.66 | 0.29 | 127.59 |
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