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Welspun Enterprises posts 3-fold increase in Q4 profit at Rs.25.3 crore

Welspun Enterprises has posted approx 3-fold rise in its Q4 consolidated net profit at Rs.25.3 crore for the quarter ended March 31,2018, as against Rs.6.7 crore in the same quarter last year.

Revenue of the company increased 122% at Rs.405.3 crore, against Rs.182 crore in the same quarter last year. The operating profit or EBITDA was at Rs.45.2 crore and margin was up at 11.1%. Furthermore, the board has recommended a final dividend of 15% (Rs.1.50) per equity shares of Rs.10 each fully paid up.

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