Live
Welspun India, the textiles firm has reported 19.77 percent hike in its consolidated net profit at Rs 193.29 crore for the fourth quarter ended on March 31, 2015-16.
For January-March quarter of 2014-15, the firm had reported a consolidated net profit of Rs 161.38 crore.
The company’s net sales also increased by 19.14 percent to Rs 1,459.47 crore during the quarter under review as compared to Rs 1,224.96 crore of the same period of previous fiscal.
B K Goenka, Welspun Group Chairman has said that “In the coming year, our focus will be on increasing revenue from the domestic market and profitability through branded and innovative products.”
