Welspun Gujarat Q3 net up 136%
Welspun Gujarat Q3 net up 136%
Mumbai: Welspun Gujarat Stahl Rohren Ltd has clocked a 136% jump in net profit at Rs97 crore in Q3FY 08 as against Rs41.2 crore during the same period last year.
The company’s top line grew 39% to Rs1,036.4 crore as compared to Rs745.1 crore in the corresponding period a year ago, a company statement said on 16 January.
The sales profile for the quarter was largely exports, accounting for over 68% of overall sales, the statement said, adding the company’s order book position stood at Rs4,488 crore, one of the highest in the industry.
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