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Welspun India s Q3 consolidated net falls 47%

Tuesday - February 13, 2018 5:52 pm , Category : BUSINESS

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.

--IANS
rrb/nks/bg

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