BRIEF-India’s Welspun Corp March-Qtr Loss Widens By Reuters

© Reuters. BRIEF-India’s Welspun Corp March-Qtr Loss Widens

May 15 (Reuters) – Welspun Corp Ltd :

* MARCH QUARTER CONSOL NET LOSS 1.49 BILLION RUPEES VERSUS LOSS OF 45.2 MILLION RUPEES LAST YEAR

* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 26.86 BILLION RUPEES VERSUS 12.21 BILLION RUPEES LAST YEAR

* RECOMMENDED DIVIDEND OF 0.5 RUPEES PER SHARE

* WELSPUN CORP – APPROVED BUYBACK PROPOSAL FOR A MAXIMUM AGGREGATE AMOUNT UP TO 3.9 BILLION RUPEES Source: Further company coverage: WGSR.NS

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