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Welspun Corp Q2 Net Profit Rises 13.2% to ₹498.6 Crore

Welspun Corp reported September-quarter consolidated net profit of ₹498.6 crore, up 13.2% year on year from ₹440 crore. Revenue rose 6.2% to ₹4,644 crore from ₹4,373.6 crore.

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Shares of Welspun Corp slipped on Thursday, October 29, after the company reported a 13.2% year-on-year (YoY) increase in consolidated net profit to ₹498.6 crore for the September quarter from ₹440 crore in the corresponding quarter last year.Revenue rose 6.2% YoY to ₹4,644 crore from ₹4,373.6 cror…

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