Business & Investment

Wellspan India Q3 Results: Profit more than doubled to 174 rupees

Home textile major Welspan India On Wednesday, it was reported that consolidated net income for the third quarter, which ended December 31, 2020, more than doubled to Rs 174.80.

The company posted a consolidated net income of Rs 75.09 in the same period last year.

Gross revenue for the quarter was Rs 2,049.71 compared to Rs 1,604.92 in the year-ago quarter. Wellspan India said in its submission to regulators.

With Vapi during the quarter under consideration Anjar Operates at peak capacity.

“Bath linen sales increased 17% year-on-year, bed linen sales increased 43% year-on-year, and rug and carpet sales increased 28% year-on-year,” he added. ..

Wellspan shares India BSE was trading at Rs 68.75 per share, up 3%.



Wellspan India Q3 Results: Profit more than doubled to 174 rupees

https://economictimes.indiatimes.com/markets/stocks/earnings/welspun-india-q3-results-profit-rises-over-twofold-to-rs-174-cr/articleshow/80480245.cms Wellspan India Q3 Results: Profit more than doubled to 174 rupees

Back to top button