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Welspun Enterprises Ltd Q4FY24; 45% fall in Profits

Welspun Enterprises Limited (WEL) , formerly known as Welspun Projects Ltd., is a part of the USD 2.7 billion Welspun Group. The Company operates in the infrastructure space with investments in oil & gas.

Financial Results:

Welspun Enterprises Ltd reported Revenues for Q4FY24 of ₹821.00 Crores down from ₹845.00 Crore year on year, a fall of 2.84%.

Total Expenses for Q4FY24 of ₹747.00 Crores down from ₹791.00 Crores year on year, a fall of 5.56%.

Consolidated Net Profit of ₹78.00 Crores down 45.07% from ₹142.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.04, down 46.55% from ₹9.43 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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