Welspun Enterprises on Wednesday reported 17 per cent rise in its consolidated net profit at Rs 29.63 crore for the fourth quarter of 2018-19, on the back of higher income.
The company had clocked a consolidated net profit of Rs 25.31 crore in the corresponding quarter a year-ago.
The company’s consolidated total income during January-March quarter rose to Rs 730.56 crore as compared with Rs 431.88 crore in the year-ago period. Total expenses during the quarter also increased to Rs 654.31 crore from Rs 376.39 crore.