HomeNewsBusinessEarningsIncreased per tonne realisations aided Q2 growth: Welspun

Increased per tonne realisations aided Q2 growth: Welspun

Revenue growth was aided by increased per tonne realisations, Braja Mishra, CEO and MD of Welspun Corp told CNBC-TV18.

November 16, 2015 / 15:14 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Revenue growth was aided by increased per tonne realisations, Braja Mishra, CEO and MD of Welspun Corp told CNBC-TV18. Contribution from plastic and coil business boosted margins, he added. The company's total income rose 3.8 percent to Rs 2,503 crore and profit after tx (PAT) came at Rs 101 crore. The earnings before interest, tax, depreciation and amortization (EBITDA) rose 65 percent in the second quarter.Watch video for more.

first published: Nov 16, 2015 03:13 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!