Welspun Corp Q2FY23 results out: Net profit drops more than a 200%

Net loss of Welspun Corp reported to INR 63 crore in the quarter ended September 2022 as against net profit of INR 55 crore during the previous quarter ended September 2021 depicting a drop of more than 200%. Sales rose 27.35% to INR 1963.81 crore in the quarter ended September 2022 as against INR 1542.11 crore during the previous quarter ended September 2021.