January 31, 2017 / 7:55 AM / 3 years ago

BRIEF-Welspun India Dec qtr consol profit down about 17 pct

Jan 31 (Reuters) - Welspun India Ltd

* Welspun India Ltd - dec quarter consol net profit 1.50 billion rupees

* Welspun India Ltd - dec quarter consol net sales 13.07 billion rupees

* Welspun India Ltd - consol net profit in dec quarter last year was 1.82 billion rupees as per Ind-AS; consol net sales was 12.91 billion rupees

* Welspun India Ltd says for FY17, the capital expenditure planned is Rs. 8 billion

* Welspun India Ltd says capacity for rugs & carpets is expected to reach 10 million sq. Metres by end-FY17 (from 8 million sq. Metres at end-FY16). Source text - (bit.ly/2klWkug) Further company coverage:

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