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Welspun India’s Q4 net profit declines by 61.85%

  

Home textiles major Welspun India reported a 61.85 per cent decline in consolidated net profit at Rs 51.25 crore in the fourth quarter ended March. The company had posted a consolidated net profit of Rs 134.34 crore in the same quarter of previous fiscal.

Consolidated total income during the quarter under review stood at Rs 2,247.06 crore as compared to Rs 2,173.56 crore in the year-ago period.

Total expenses in the fourth quarter stood at Rs 2,138.37 crore as against Rs 1,993.84 crore in the corresponding period of previous fiscal.

For the fiscal ended March 31, 2022, consolidated net profit was at Rs 606.71 crore as against Rs 550.79 crore in the previous fiscal.

In FY22, total income stood at Rs 9,377.31 crore as compared to Rs 7,407.96 crore in FY21.Total expenses in 2021-22 stood at Rs 8,504.47 crore.

 
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