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Welspun Living reports many fold jump in Q2 consolidated net profit

25 Oct 2023 Evaluate

Welspun Living has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported over 21-fold jump in its net profit at Rs 167.85 crore for Q2FY24 as compared to Rs 7.84 crore for the same quarter in the previous year. Total income of the company increased by 5.76% at Rs 2,050.12 crore for Q2FY24 as compared Rs 1,557.63 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 24-fold jump in its net profit at Rs 200.41 crore for the quarter under review as compared to Rs 8.33 crore for the same quarter in the previous year. Total income of the company increased by 18.99% at Rs 2542.37 crore for Q2FY24 as compared Rs 2136.59 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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