Welspun-Gujarat Stahl Rohren Ltd has announced the results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Company has posted a profit after tax of Rs 1022 million for the quarter ended March 31, 2008 as compared to Rs 415 million for the quarter ended March 31, 2007. Total Income has increased from Rs 7447 million for the quarter ended March 31, 2007 to Rs 12383 million for the quarter ended March 31, 2008.

The Audited results for the Year ended March 31, 2008

The Company has posted a profit after tax of Rs 3514 million for the year ended March 31, 2008 as compared to Rs 1426 million for the year ended March 31, 2007. Total Income has increased from Rs 26955 million for the year ended March 31, 2007 to Rs 40290 million for the year ended March 31, 2008.

The Consolidated results are as follows:

The Audited consolidated results for the Year ended March 31, 2008

The Group has posted a profit after tax & minority interest of Rs 3407 million for the year ended March 31, 2008 as compared to Rs 1425 million for the year ended March 31, 2007. Total Income has increased from Rs 26955 million for the year ended March 31, 2007 to Rs 40130 million for the year ended March 31, 2008.