Welspun Enterprises · NSE: WELENT · BSE: 532553

Q3 FY23 results · Oct–Dec 2022

Welspun Enterprises reported revenue from operations of ₹692.40 crore (up 186.6% from Q3 FY22) and net profit of ₹401.56 crore (up 3003.2% from Q3 FY22) for Q3 FY23 (Oct–Dec 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	692.40	241.58	+186.6%	530.49	+30.5%
Other income	24.36	42.08	−42.1%	22.43	+8.6%
Total income	716.76	283.66	+152.7%	552.92	+29.6%
Profit before share of associates & JVs and tax	415.94	16.00	26x	107.30	+287.6%
Share of profit/(loss) of associates & JVs	(0.33)	0.62		(0.70)
Net profit for the period	401.56	12.94	31x	132.97	+202.0%
Attributable to shareholders of the company	400.70	12.55	32x	100.37	+299.2%
EPS, basic (₹)	26.75	0.84	32x	8.82	+203.3%
Net margin (%)	58.0	5.4		25.1

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	668.37	215.54	+210.1%	509.56	+31.2%
Other income	11.79	9.52	+23.8%	10.81	+9.1%
Total income	680.16	225.06	+202.2%	520.37	+30.7%
Profit before tax	522.88	5.84	90x	43.05	12x
Net profit for the period	510.92	6.30	81x	39.59	13x
EPS, basic (₹)	34.11	0.42	81x	2.64	13x
Net margin (%)	76.4	2.9		7.8

Consolidated

Filed with BSE: 07 Feb 2023, 12:18 IST
Board meeting: 31 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 07 Feb 2023, 12:18 IST
Board meeting: 31 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE