Business Standard

Welspun Enterprises Q4 results: Net profit drops 45% to Rs 77.67 crore

The consolidated income dropped to Rs 866.70 crore in the January-March quarter from Rs 916.46 crore in the year-ago period, according to an exchange filing by the company

Q4, Q4 results

Shares of the company tanked more than 8 per cent to trade at Rs 363.65 per share on BSE in the pre-close session. Photo: Shutterstock

Press Trust of India New Delhi

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Welspun Enterprises on Tuesday reported a 45.4 per cent decline in consolidated profit to Rs 77.67 crore for the quarter ended on March 31, 2024.

The company posted a consolidated profit of Rs 142.41 crore in the year-ago period.

The consolidated income dropped to Rs 866.70 crore in the January-March quarter from Rs 916.46 crore in the year-ago period, according to an exchange filing by the company.

Welspun Enterprises is an infrastructure developer with diversified portfolio of projects in infrastructure and energy sectors.

Shares of the company tanked more than 8 per cent to trade at Rs 363.65 per share on BSE in the pre-close session.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 21 2024 | 3:40 PM IST

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