Welspun India Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position.
- Welspun India Ltd reported Total revenue for Q4 FY23 of ₹2,154 Crore, down from ₹2,227 Crore year on year depicting a decline of 3%.
- Total Expenses for Q4 FY23 of ₹1,875 Crore down, from ₹2,001 Crore year on year, a decline of 6%.
- Consolidated Net Profit of ₹129 Crore, up 153% from ₹51 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹1.25, up 140% from ₹0.52 in the same quarter of the previous year.