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Wellwin posts 70% jump in net - Views on News from Equitymaster

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Wellwin posts 70% jump in net

Jan 29, 2000

Wellwin Industry has posted a 70% jump in profits during the quarter ended 31st December 1999. The company has benefited from a sharp rise in turnover, other income and a decline in interest expenditure. The margins however contracted to 14.6% due to a deterioration in operating profits.

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 117 64 83.4%
Other Income 4 -  
Total Expenditure 97 50 94.7%
Interest 2 3 -36.0%
Depreciation 3 1 130.8%
Profit before Tax 19 10 91.0%
Tax 2 -  
Profit after Tax/(Loss) 17 10 70.1%
Net profit margin (%) 14.6% 15.7%  


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