Welspun Enterprises · NSE: WELENT · BSE: 532553

Q3 FY24 results · Oct–Dec 2023

Welspun Enterprises reported revenue from operations of ₹706.71 crore (up 2.1% from Q3 FY23) and net profit of ₹79.92 crore (down 80.1% from Q3 FY23) for Q3 FY24 (Oct–Dec 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	706.71	692.40	+2.1%	645.73	+9.4%
Other income	47.21	24.36	+93.8%	46.92	+0.6%
Total income	753.92	716.76	+5.2%	692.65	+8.8%
Profit before share of associates & JVs and tax	136.09	415.94	−67.3%	97.04	+40.2%
Share of profit/(loss) of associates & JVs	(0.57)	(0.33)		(0.10)
Net profit for the period	79.92	401.56	−80.1%	69.01	+15.8%
Attributable to shareholders of the company	71.55	400.70	−82.1%	62.03	+15.3%
EPS, basic (₹)	5.24	26.75	−80.4%	4.56	+14.9%
Net margin (%)	11.3	58.0		10.7

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 FY24	Q3 FY23	YoY	Q2 FY24	QoQ
Revenue from operations	583.54	668.37	−12.7%	542.37	+7.6%
Other income	23.29	11.79	+97.5%	28.68	−18.8%
Total income	606.83	680.16	−10.8%	571.05	+6.3%
Profit before tax	111.94	522.88	−78.6%	76.86	+45.6%
Net profit for the period	77.58	510.92	−84.8%	53.77	+44.3%
EPS, basic (₹)	5.68	34.11	−83.3%	3.96	+43.4%
Net margin (%)	13.3	76.4		9.9

Consolidated

Filed with BSE: 02 Feb 2024, 13:00 IST
Board meeting: 01 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 02 Feb 2024, 13:00 IST
Board meeting: 01 Feb 2024
Period: 01 Oct 2023 to 31 Dec 2023
Review status: Unaudited
Source: XBRL filing on BSE