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Welspun Corporation Q3FY23 net profit drops by 49 percent

Welspun Corporation reported total income of INR 2,410.33 crores during the period ended December 31, 2022 as compared to INR 1,499.38 crores during the period ended December 31, 2021 depicting a growth of 61%.

However, the company posted net profit of INR 23.24 crores for the period ended December 31, 2022 as against net profit of INR 45.79 crores for the period ended December 31, 2021. Meanwhile, the company reported EPS of INR 0.89 for the period ended December 31, 2022 as compared to INR 1.75 for the period ended December 31, 2021.

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