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Welspun Investments And Commercials announced Financial Results Q1 2024

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 511.11 % in the past year, substantial increase in net sales/revenue by 4.76 %.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Welspun Investments and Commercials Limited. Profit dropped by -135.94 % Year to Year, Welspun Investments and Commercials Limited’s profitability dropped by -135.94 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -133.33 % Year to Year. EPS decreased by -133.33 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Welspun Investments and Commercials Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.018 Cr Rs. 0.105 Cr Rs. 0.11 Cr + 4.76 % + 511.11 %
Expenses Rs. 0.08 Cr Rs. 0.18 Cr Rs. 0.08 Cr -55.56 % + 0 %
Operating Profit Rs. -0.06 Cr Rs. -0.08 Cr Rs. 0.03 Cr + 137.5 % + 150 %
OPM % -333.33 % -76.19 % 27.27 % + 103.46 % + 360.6 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -0.06 Cr Rs. -0.08 Cr Rs. 0.03 Cr + 137.5 % + 150 %
Tax % -1.56 % -17.95 % 34.29 % + 52.24 % + 35.85 %
Net Profit Rs. -0.06 Cr Rs. -0.06 Cr Rs. 0.02 Cr + 133.33 % + 133.33 %
EPS in Rs Rs. -0.18 Rs. -0.18 Rs. 0.06 + 133.33 % + 133.33 %


Today, we’re looking at Welspun Investments and Commercials Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 511.11 %. However, it did see a marginal increase of 4.76 % from the previous quarter. Expenses decreased slightly by -55.56 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 150 % compared to last year, faced a quarter-on-quarter increase of 137.5 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 360.6 %, but an expansion of 103.46 % sequentially. Profit before tax grew annually by 150 % but saw an increase from the preceding quarter by 137.5 %.
Tax expenses as a percentage of profits increased slightly by 35.85 % compared to last year, with a more notable quarter-on-quarter increase of 52.24 %. Net profit rose by 133.33 % year-on-year but experienced a 133.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 133.33 % but a quarterly rise of 133.33 %. In summary, Welspun Investments and Commercials Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.018 Cr Rs. 0.105 Cr Rs. 0.11 Cr + 4.76 % + 511.11 %
Expenses Rs. 0.08 Cr Rs. 0.18 Cr Rs. 0.08 Cr -55.56 % + 0 %
Operating Profit Rs. -0.06 Cr Rs. -0.08 Cr Rs. 0.03 Cr + 137.5 % + 150 %
Net Profit Rs. -0.06 Cr Rs. -0.06 Cr Rs. 0.02 Cr + 133.33 % + 133.33 %
EPS in Rs Rs. -0.18 Rs. -0.18 Rs. 0.06 + 133.33 % + 133.33 %


In reviewing Welspun Investments and Commercials Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 511.11 % year-on-year growth, however, there was a minor increase of 4.76 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a decrease of -55.56 % quarter-on-quarter. Operating Profit surged by 150 % annually, and saw a 137.5 % increase from the last quarter.
Net Profit showed yearly increase of 133.33 %, and experienced a 133.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 133.33 % annually, however rose by 133.33 % compared to the last quarter. In essence, while Welspun Investments and Commercials Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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