Welspun India releases Consolidated Quarterly Results for March 31, 2023. Welspun India has announced an increase in total income from Rs. 1904.05 Crores as of December 31, 2022, to Rs. 2195.47 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 42.38 Crores as of December 31, 2022, to Rs. 125.39 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 0.43 on December 31, 2022, to Rs. 1.28 on March 31, 2023, according to the company’s statement.
Welspun India Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 2195.47 Crores (March 31, 2023) vs. Rs. Crores (December 31, 2022)
Net profit/loss: Rs. 125.39 Crores (March 31, 2023) vs. Rs. 42.38 Crores (December 31, 2022)
EPS: Rs. 1.28 (March 31, 2023) vs. Rs. 0.43 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 2195.47 Cr | ₹ 1904.05 Cr | ⬆ 15.31% |
| Net Profit | ₹ 125.39 Cr | ₹ 42.38 Cr | ⬆ 195.87% |
| EPS | ₹ 1.28 | ₹ 0.43 | ⬆ 197.67% |
Welspun India Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 2195.47 Crores (March 31, 2023) vs. Rs. 2247.06 Crores (March 31, 2022)
Net profit/loss: Rs. 125.39 Crores (March 31, 2023) vs. Rs. 52.19 Crores (March 31, 2022)
EPS: Rs. 1.28 (March 31, 2023) vs. Rs. 0.53 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 2195.47 Cr | ₹ 2247.06 Cr | ⬇ -2.30% |
| Net Profit | ₹ 125.39 Cr | ₹ 52.19 Cr | ⬆ 140.26% |
| EPS | ₹ 1.28 | ₹ 0.53 | ⬆ 141.51% |
Welspun India Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 8215.10 Crores (March 31, 2023) vs. Rs. 9377.31 Crores (March 31, 2022)
Net profit/loss: Rs. 198.83 Crores (March 31, 2023) vs. Rs. 601.17 Crores (March 31, 2022)
EPS: Rs. 2.02 (March 31, 2023) vs. Rs. 6.06 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 8215.10 Cr | ₹ 9377.31 Cr | ⬇ -12.39% |
| Net Profit | ₹ 198.83 Cr | ₹ 601.17 Cr | ⬇ -66.93% |
| EPS | ₹ 2.02 | ₹ 6.06 | ⬇ -66.67% |
Welspun India Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹0.10 per Equity Share of Face Value of ₹1 each of the Company (10% of Face Value). Total Dividend for FY23 stood at ₹0.15 per Equity Share (Interim Dividend of ₹1 per Equity Share)
| Dividend | Record Date |
| ₹0.10 per Equity Share | 30/06/2023 |
About Welspun India:
Headquartered in Mumbai, Maharashtra, India, Welspun India Limited is a prominent textile company. With its status as Asia’s largest and the second-largest terry towel producer globally, it exports over 94% of its home textile products to over 50 countries worldwide.
Download Full PDF Q4 Results Welspun India:
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