Welspun Q3 Results for Quarter Ended December 2010

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Welspun Corp Ltd has announced the following Unaudited Consolidated Results for the quarter ended December 31, 2010:

The Unaudited results for the quarter ended December 31, 2010:

The Group has posted a net profit of Rs 1465.20 million for the quarter ended December 31, 2010 where as the same was at Rs 1668.30 million for the quarter ended December 31, 2009. Total Income is Rs 15886.10 million for the quarter ended December 31, 2010 where as the same was at Rs 16469.50 million for the quarter ended December 31, 2009.

The Consolidated figures for the quarter/nine months ended December 31, 2010 includes the operations of Welspun Tradings Limited and Welspun Projects Limited (Formerly known as MSK Projects (India) Limited), which became subsidiary w.e.f. March 31, 2010 and August 18, 2010 respectively. In view of this, the consolidated figures for The quarter/nine months ended December 31, 2010 are not comparable with the corresponding figures of The previous quarter and nine months.

Source: BSE Corporate Announcements

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