{"id":428006,"date":"2021-07-30T08:22:58","date_gmt":"2021-07-30T02:52:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=428006"},"modified":"2021-07-30T09:58:29","modified_gmt":"2021-07-30T04:28:29","slug":"welspun-corp-q1-consolidated-net-profit-jumps-80-to-rs-97-28-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/welspun-corp-q1-consolidated-net-profit-jumps-80-to-rs-97-28-crore\/","title":{"rendered":"Welspun Corp Q1 consolidated net profit jumps 80% to Rs 97.28 crore"},"content":{"rendered":"<p>Welspun Corp on Thursday reported an over 80 per cent surge in consolidated net profit to Rs 97.28 crore for the first quarter ended June 30.<\/p>\n<p>The company had registered a net profit of Rs 53.92 crore in the year-ago period. <\/p>\n<p>However, its total income in the quarter under review fell to Rs 1,336.49 crore from Rs 2,085.42 crore a year ago, Welspun Corp Limited said in a BSE filing.<\/p>\n<p>The company&#8217;s expenses in the said quarter declined to Rs 1,205.53 crore, as compared to Rs 1,970.16 crore in the April-June quarter of the preceding fiscal.<\/p>\n<p>In a statement, Welspun Group Chairman B K Goenka said, &#8220;Our performance has been stable despite the second wave of the COVID-19 pandemic. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welspun Corp on Thursday reported an over 80 per cent surge in consolidated net profit to Rs 97.28 crore for the first quarter ended June 30. The company had registered a net profit of Rs 53.92 crore in the year-ago period. However, its total income in the quarter under review fell to Rs 1,336.49 crore from Rs 2,085.42 crore a year ago, Welspun Corp Limited said in a BSE filing. The company&#8217;s expenses in the said quarter declined to Rs 1,205.53 crore, as compared to Rs 1,970.16 crore in the April-June quarter of the preceding fiscal. In a statement, Welspun [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-428006","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=428006"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/428006\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=428006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=428006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=428006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}