Welspun Corp Q2 Net Profit Rises 3%, Plans Rs 2,280 Crore Expansion
Welspun Corp reported a 3% rise in Q2 net profit. Revenue from operations was Rs 4,644 crore. It cleared investments of up to Rs 2,280 crore across the US and Jordan; US capacity is set to rise by 2.25 lakh tonnes.
Company's revenue from operations increased 6 per cent to Rs 4,644 crore, while US capacity will rise by 2.25 lakh tonnesWelspun Corp has cleared investments of up to Rs 2,280 crore across the US and Jordan as the steel pipe maker looks to expand its manufacturing footprint. The company is targetin…