WELSPUN INDIA LTD. - 514162 - Our Letter No. WIL/SEC/2022 Dated November 08, 2022 Regarding Unaudited Financial Results For The Quarter Ended September 30, 2022 For The Financial Year 2022-23, Limited Review Report And Press Release
In continuation to our letter as cited in reference above, please note that the Board Meeting of the Company held on November 08, 2022 was concluded at 01.40 p.m. (IST). WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Please be informed that the Conference Call Recording of Q2 FY23 results is available on the Company's website at www.welspunindia.com --> Investors --> Transcripts --> Year 2023. The recording can also be assessed from the following link: https://www.welspunindia.com/uploads/investor_data/ANT0420221108144200.mp3 Please take the same on record.
Welspun India's Q2 net profit dips 96% at Rs8.33 crore
The company revenue from operations slipped 15.04% to Rs2,113.46 crore during the quarter under review
WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Meeting Updates
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company in its board meeting held today appointed Mr. Altaf Jiwani, Chief Operating Officer of the Company, having director identification number 05166241, as a wholetime director (a Key Management Personnel) with effect from April 1, 2023. Q2FY23 Quarterly Result Announced for Welspun India Ltd.
Textiles company Welspun India announced Q2FY23 results: Total revenue at Rs 21,366 million in Q2FY23 & Rs 41,156 million in H1FY23 Textile business revenue at Rs 20,114 mn in Q2FY23 & Rs 38,635 mn in H1FY23 Flooring business revenue at Rs 1,596 mn in Q2FY23 & Rs 3,290 mn in H1FY23 EBITDA: Rs 1,517 million in Q2FY23 with an EBITDA Margin of 7.1% Rs 3,252 million in H1FY23 with an EBITDA Margin of 7.9% PAT (after minority and exceptional loss): PAT at Rs 87 million in Q2FY23 & Rs 311 million in H1 FY 23 EPS: EPS at Rs 0.08 in Q2FY23 & Rs 0.31 in H1FY 23 Net Debt: Net Debt at Rs 19,980 million as on September 30, 2022, vs Rs 25,332 million as of September 30, 2021, a Reduction of Rs 5,352 million YoY Net debt excluding the flooring business stood at Rs 10,994 million as on Sept 30, 2022 vs Rs 17,699 million as on Sept 30, 2021, a Reduction of Rs 6,705 million YoY. BK Goenka, Chairman, Welspun Group, said, “In view of the macro environment that continues to be challenging, the company’s operating and financial performance demonstrates the trust it enjoys among its global customers. This is evident in the growth registered by the company’s brands portfolio and the domestic retail business in particular, which delivered a robust 60% growth in H1FY23 on the back of an expanding retail footprint that stands at over 10,000 outlets across more than 500 towns and power brands like ‘Welspun’ and ‘SPACES’.” Result PDF WELSPUN INDIA LTD. - 514162 - Announcement under Regulation 30 (LODR)-Investor Presentation
In compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Company's Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information, kindly find attached Earnings Presentation, inter alia, on unaudited financial results of the Company for the quarter ended September 30, 2022. Please take the same on record. WELSPUN INDIA LTD. - 514162 - Unaudited Financial Results For The Quarter Ended September 30, 2022 For The Financial Year 2022-23, Limited Review Report And Press Release
Please find enclosed the unaudited financial results of the Company, on consolidated as well as standalone basis, for the quarter ended September 30, 2022, as reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held today i.e. November 08, 2022. Further, the Limited Review Reports of the Auditors of the Company on the unaudited financial results of the Company (both on consolidated and standalone basis) and the press communication, which is being released simultaneously to the media, are also attached. With reference to our letter dated September 30, 2022 please note the trading window for dealing in the securities of the Company by the Insiders, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015 shall re-open from Friday, November 11, 2022. Please take the same on your record. 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 Tuesday, November 08, 2022 at 5:00 P.M. Indian Standard Time. Invite for the call is attached. WELSPUN INDIA LTD. - 514162 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Disclosure of information pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.