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BRIEF-Welspun India March qtr consol PAT after exceptional 1.54 bln rupees
April 25, 2017 / 9:05 AM / 8 months ago

BRIEF-Welspun India March qtr consol PAT after exceptional 1.54 bln rupees

April 25 (Reuters) - Welspun India Ltd

* March quarter consol PAT after exceptional 1.54 billion rupees

* March quarter consol revenue 17.57 billion rupees

* Says for FY18, capex is expected to be around INR 7 billion

* Consol PAT after exceptional in march quarter last year was 1.96 billion rupees; consol revenue was 16.16 billion rupees

* Says co taken few initial steps for entry into advanced textiles and flooring solutions

* Industry is facing headwinds in terms of raw material,energy cost pressures, rupee appreciation which will keep margins under pressure in FY18 Source text - (bit.ly/2oH56SY) Further company coverage:

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