Upcoming Webinar :Register now for 'ULIP as an investment during economic recovery' powered by Bajaj Allianz

Welspun Enterprises q2 Net Up 80% To Rs 31 Cr

The company had posted a net profit of Rs 17.20 crore in the year-ago period, Welspun Enterprises said in a filing to BSE.

Oct 30, 2018 / 04:55 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Welspun Enterprises on Tuesday posted 80 per cent rise in consolidated net profit at Rs 30.97 crore for the second quarter of 2018-19 on the back of higher income.

The company had posted a net profit of Rs 17.20 crore in the year-ago period, Welspun Enterprises said in a filing to BSE.

The net profit is from ordinary activities after tax, the filing said.

The company's consolidated income during July-September period increased to Rs 290.39 crore, over Rs 188.54 crore in the year-ago period.
PTI
first published: Oct 30, 2018 04:55 pm

stay updated

Get Daily News on your Browser
Sections