Welspun Corp Limited

Research report by 'Ventura Securities Ltd'
     
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Welspun Corp Limited, erstwhile Welspun Gujarat Stahl Rohren Ltd, one of the leading pipe manufacturers in the world has reported an impressive growth of 70% in its profitability on consolidated basis for the quarter ending June 2010. The company reported PAT of Rs 190.6 crore in Q1FY11 as compared to Rs 112.0 crore recorded in the corresponding period of the previous year. Revenues too were up 25% at Rs 2,421.8 crore.


   
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