{"id":135498,"date":"2022-11-03T10:54:54","date_gmt":"2022-11-03T14:54:54","guid":{"rendered":"https:\/\/44.250.171.167\/?p=135498"},"modified":"2022-11-03T10:54:55","modified_gmt":"2022-11-03T14:54:55","slug":"welspun-corp-q2fy23-results-out-net-profit-drops-more-than-a-200","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/welspun-corp-q2fy23-results-out-net-profit-drops-more-than-a-200\/","title":{"rendered":"Welspun Corp Q2FY23 results out: Net profit drops more than a 200%"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"925\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-925x1024.png\" alt=\"\" class=\"wp-image-135499\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-925x1024.png 925w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-271x300.png 271w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-768x850.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-1388x1536.png 1388w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/fc0baa09-5c4e-4bd7-8cfa-4b2177883b28-1851x2048.png 1851w\" sizes=\"auto, (max-width: 925px) 100vw, 925px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":49407,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[10536,10534,10535],"class_list":["post-135498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-iron-pipes","tag-line-pipe","tag-ss-pipes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/Trending-stocks.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141342,"url":"https:\/\/alphastreet.com\/india\/welspun-india-q3-net-profit-declines-by-66-percent\/","url_meta":{"origin":135498,"position":0},"title":"Welspun India Q3 net profit declines by 66 percent","author":"Chirag Gupta","date":"February 13, 2023","format":false,"excerpt":"Welspun India reported a 66.55 per cent decline in consolidated net at INR 43.83 crore in the third quarter ended December 2022, impacted by lower sales. The company had posted a consolidated net profit of INR 131.06 crore in the same quarter last fiscal, Welspun India said in a regulatory\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":143055,"url":"https:\/\/alphastreet.com\/india\/sun-tv-network-q3fy23-net-profit-drops-by-10-percent\/","url_meta":{"origin":135498,"position":1},"title":"Sun TV Network Q3FY23 net profit drops by 10 percent","author":"Chirag Gupta","date":"March 1, 2023","format":false,"excerpt":"Sun TV Network Limited announced its earnings for the quarter ended 31st December 2022. The revenue (excl. IPL & Movies) was INR 810.51 crore for the quarter ended 31st December\u20192022 as against INR 829.57 crore for the corresponding quarter ended 31st December\u20192021. The overall revenue was at INR 857.51 crores\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140677,"url":"https:\/\/alphastreet.com\/india\/timken-india-net-profit-rises-by-over-a-percent-in-the-december-2022-quarter\/","url_meta":{"origin":135498,"position":2},"title":"Timken India net profit rises by over a percent in the December 2022 quarter","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Net profit of Timken India rose by 1.15% to INR 70.6 crore in the quarter ended December 2022 as against INR 70 crore during the previous quarter ended December 2021. Sales soared by 19.49% to INR 609.4 crore in the quarter ended December 2022 as against INR 510 crore during\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":140675,"url":"https:\/\/alphastreet.com\/india\/thyrocare-technologies-net-profit-declines-by-43-in-the-december-2022-quarter\/","url_meta":{"origin":135498,"position":3},"title":"Thyrocare Technologies net profit declines by 43% in the December 2022 quarter","author":"Chirag Gupta","date":"February 9, 2023","format":false,"excerpt":"Net profit of Thyrocare Technologies declined by 43.47% to INR 13 crore in the quarter ended December 2022 as against INR 23 crore during the previous quarter ended December 2021. Sales soared by 6.36% to INR 117 crore in the quarter ended December 2022 as against INR 110 crore during\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142611,"url":"https:\/\/alphastreet.com\/india\/vip-industries-q3fy23-net-profit-rose-by-32-percent\/","url_meta":{"origin":135498,"position":4},"title":"VIP Industries Q3FY23 net profit rose by 32 percent","author":"Chirag Gupta","date":"February 23, 2023","format":false,"excerpt":"Net profit of V I P Industries rose 31.76% to INR 44.10 crore in the quarter ended December 2022 as against INR 33.47 crore during the previous quarter ended December 2021. Sales rose 32.48% to INR 526.40 crore in the quarter ended December 2022 as against INR 397.34 crore during\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":141446,"url":"https:\/\/alphastreet.com\/india\/tata-elxsi-q3fy23-net-profit-rises-by-29\/","url_meta":{"origin":135498,"position":5},"title":"Tata Elxsi Q3FY23 net profit rises by 29%","author":"Chirag Gupta","date":"February 14, 2023","format":false,"excerpt":"Net profit of Tata Elxsi rose 28.96% to INR 194.68 crore in the quarter ended December 2022 as against INR 150.96 crore during the previous quarter ended December 2021. While, sales rose 28.69% to INR 817.74 crore in the quarter ended December 2022 as against INR 635.41 crore during the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=135498"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/49407"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=135498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=135498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=135498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}