Welspun-Gujarat announces stunning Q3 results, net profit up 415%

Welspun-Gujarat Stahl Rohren Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a profit after tax of Rs 412 million for the quarter ended December 31, 2006 as compared to Rs 80 million for the quarter ended December 31, 2005. Total Income (net of excise) has increased from Rs 4540 million for the quarter ended December 31, 2005 to Rs 7405 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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