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Welspun Corp posts consolidated loss at Rs 70 cr in Q3

Published on Wed, Feb 01, 2012 at 18:27 |  Source : CNBC-TV18

Updated at Wed, Feb 01, 2012 at 18:28  

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Welspun Corp posts consolidated loss at Rs 70 cr in Q3

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Welspun Corp , a pipe manufacturer, has reported a consolidated loss of Rs 70 crore in the third quarter of FY12 as against profit of Rs 150 crore in a year ago quarter.

Consolidated net sales spiked 54% to Rs 2,450 crore versus Rs 1,590 crore year-on-year.

  

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