Welspun India Q2 net profit up 7.2% at Rs 201.50 crore, Retail News, ET Retail

New Delhi: Property textiles main Welspun India Ltd on Wednesday reported a 7.23 for every cent increase in its consolidated internet revenue to Rs 201.50 crore for the second quarter ended September 30. The company experienced posted a consolidated net earnings of Rs 187.90 crore in the July-September quarter final monetary 12 months, Welspun India stated in a regulatory filing.

Its consolidated profits from operations surged 26.04 per cent to Rs 2,487.63 crore in the course of the quarter beneath review. It was Rs 1,973.66 crore in the calendar year-in the past period.

Welspun India’s overall expenditures rose 27.56 for every cent to Rs 2,218.09 crore from Rs 1,738.85 crore.

Its profits from residence textiles was Rs 2,374.88 crore and Rs 159.62 crore from the Flooring segment.

Shares of Welspun India Ltd on Wednesday settled at Rs 144.90 on BSE.