Welspun Investments and Commercials Limited reported unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 18.147 million against INR 44.201 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.871 million against INR 3.112 million a year ago. Profit from ordinary activities before tax was INR 0.871 million against loss from ordinary activities before tax of INR 0.048 million a year ago. Net profit for the period was INR 0.985 million or INR 0.27 per basic and diluted share against net loss for the period of INR 0.069 million or INR 0.02 per basic and diluted share a year ago. For the year, the company reported net sales/income from operations of INR 28.999 million against INR 66.794 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 8.821 million against INR 22.864 million a year ago. Profit from ordinary activities before tax was INR 5.453 million against INR 9.743 million a year ago. Net profit for the period was INR 5.199 million or INR 1.42 per basic and diluted share against net profit for the period of INR 9.720 million or INR 2.66 per basic and diluted share a year ago.

Welspun Investments and Commercials Limited, Board Meeting, May 15, 2013. Agenda: To consider audited results.

Welspun Investments and Commercials Limited announced that they will report fiscal year 2013 results on May 15, 2013