WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Change in Directorate
Please find attached details with respect to appointment of Mr. Murali Sivaraman as Independent Director of the Company.25-10-2023
25-10-2023
WELSPUN INDIA LTD. - 514162 - Board Meeting Outcome for Outcome Of Board Meeting Held On October 25, 2023.
Please take note that the Board of Directors of the Company at its meeting held on October 25, 2023 has considered and approved the businesses, details of which are attached herewith.25-10-2023
Q2FY24 Quarterly Result Announced for Welspun India Ltd.
Textiles company Welspun India announced Q2FY24 results: Achieved highest-ever Quarterly Revenues of Rs 25,424 million grew 19% YoY EBITDA for Q2FY24 up 158% YoY at Rs 3,913 million at 15.4% PAT for Q2FY24 is Rs 1,967 million grew more than 22x YoY Net Debt stood at Rs 15,734 million as of September 30, 2023, vs. Rs 18,153 million as of June 30, 2023, down by Rs 2,419 million ROCE% at 14.6% (annualized) vis-à-vis 5.7% in FY23 Flooring also recorded the highest-ever quarterly Revenue of Rs 2,426 million grew 52% YoY Flooring EBITDA for Q2FY24 is at 8.3% is Rs 201 million grew by 5x YoY Speaking about the performance, B.K. Goenka, Chairman, of Welspun Group, said, “It is a proud moment for the Company to have reported highest ever consolidated quarterly revenues in Q2FY24 with consistent profitability in last few quarters, in the face of relatively adverse global economic situation and subdued consumer sentiments. It is also heartening to see the flooring business picking up well and reporting the highest quarterly revenues and margin. All our Emerging businesses of Global Brands, Domestic consumers, advanced textiles, and Flooring are continuing to show strength and grew 28% in Q2FY24. On the Domestic front, Welspun showed resilience during the quarter despite weak retail market sentiments, as a result of the focus on continued expansion and also continued to be in positive margin space. ‘The Welspun’ brand strengthened its leadership position and continued being the most widely distributed Home Textile brand in the country with a presence in 600+ towns and 15,511+ outlets. Welspun’s practices in the Environment, Social, and Governance (ESG) front are leading and we always set newer benchmarks in doing business sustainably and responsibly. We are entering into a JV for the provision of 47MW of Solar and wind energy at our Anjar facility by 2026, which is another significant step towards our journey to be 100% renewable energy by 2030.” Result PDF25-10-2023
WELSPUN INDIA LTD. - 514162 - Unaudited Financial Results For The Quarter Ended September 30, 2023 For The Financial Year 2023-24, Limited Review Report And Press Release
Please find attached unaudited financial results for the Quarter ended September 30, 2023.25-10-2023
WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please take note that the Company has scheduled a Conference Call on Wednesday, October 25, 2023 at 4:30 P.M. Indian Standard Time. Invite for the call is attached.19-10-2023
WELSPUN INDIA LTD. - 514162 - Board Meeting Intimation for Consideration And To Take On Record The Unaudited Financial Results For The Quarter Ended On September 30, 2023
WELSPUN INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/10/2023 ,inter alia, to consider and approve the unaudited financial results for the quarter ended on September 30, 202318-10-2023
WELSPUN INDIA LTD. - 514162 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached certificate dated October 07, 2023 issued by RTA of the Company pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Please take the same on record.18-10-2023
WELSPUN INDIA LTD. - 514162 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Please find attached intimation of loss of share certificate received from RTA. Kindly take note of the same.18-10-2023
WELSPUN INDIA LTD. - 514162 - Appointment Of Senior Management Personnel
Appointment of Mr. Vikram Bector as a Group Chief Human Resources Officer (CHRO) with effect from October 16, 202316-10-2023
WELSPUN INDIA LTD. - 514162 - Closure of Trading Window
Intimation for closure of Trading Window pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.29-09-2023