May 2 (Reuters) - Welspun Corp Ltd:
* MARCH QUARTER CONSOL NET LOSS 45.2 MILLION RUPEES VERSUS PROFIT OF 733.8 MILLION RUPEES LAST YEAR
* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 15.89 BILLION RUPEES VERSUS 19.59 BILLION RUPEES LAST YEAR
* SAYS CURRENT PIPE ORDER BOOK STANDS AT 109 BILLION RUPEES
* SAYS NET DEBT STOOD AT 4.22 BILLION RUPEES AS AT MARCH 31, 2018
* EXPECT GOOD ORDER INFLOWS TO CONTINUE IN FY19 ON ACCOUNT OF HIGH ENERGY PRICES, EXPANSION OF NATIONAL GAS GRID IN INDIA
* SAYS “DEMAND FROM OIL & GAS SEGMENT IN MENA IS EXPECTED TO PICK-UP OVER THE NEXT FEW QUARTERS”
* SAYS "DEMAND OUTLOOK FOR OUR PLATE AND COIL MILLS DIVISION REMAINS SATISFACTORY, ALTHOUGH MARGIN CHALLENGES REMAIN" Source text - bit.ly/2w6MJz7 Further company coverage:
