Categories Earnings, Finance

Welspun Investments and Commercials Ltd Q4FY23 results out, revenue soars by 4757%

Welspun Investments and Commercials Limited (WICL)-formerly known as Welspun Investments Limited was formed after the demerger of Welspun India Limited into two separate companies in 2009. The Co. is engaged in the business of Investment and dealing in shares & securities and trading of textile products & commodities.

  • Welspun Investments and Commercials Ltd reported Total revenue for Q4 FY23 of ₹3.4 Crore, up from ₹0.07 Crore year on year depicting a growth of 4,757%.
  • Total Expenses for Q4 FY23 of ₹0.08 Crore down, from ₹0.09 Crore year on year, a decline of 11%. 
  • Consolidated Net Profit of ₹2.5 Crore, up 2,678% from ₹0.09 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹6.86, up 2,758% from ₹0.24 in the same quarter of the previous year.

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