Welspun Living Ltd - 514162 - Corporate Action-Board approves Dividend
Book Closure: Thursday, June 27, 2024 to Friday, June 28, 2024 (both days inclusive) Purpose: for the purpose of determining the shareholders eligible for dividend, if any, declared by the shareholders of the Company at the Annual General Meeting. Q4FY24 Quarterly & FY24 Annual Result Announced for Welspun Living Ltd.
Textiles company Welspun Living announced Q4FY24 & FY24 results: Financial Highlights: Total Income for Q4FY24 Rs 26,167 million grew by 19.2% YoY and for FY24 Rs 98,251 million, grew by 19.6% (Highest ever quarterly and yearly revenue) EBITDA for Q4FY24 up 25.0% YoY at Rs 4,001 million @ 15.3% and for FY24 up by 73.3% at Rs 15,147 million @ 15.4% PAT for Q4FY24 is Rs 1,460 million grew 16.4% YoY and for FY24 is Rs 6,811 million, grew more than 3.4x Domestic Consumer Business in Q4FY 24 grew by 12.2% YoY and stood at Rs 1,382 million and for FY24 stood at Rs 5,707 million grew by 3.7%. (highest every yearly revenue) Flooring Business also recorded the highest ever yearly revenue of Rs 9,269 million and EBITDA 8.3%, grew by 31.4% in FY 24. Net Debt stood at Rs 13,542 million as on 31st March 2024, Rs 1,801 million lower than Rs 15,343 million year ago DJSI score for 2023 improved from 59 to 66 in latest assessment done putting us amongst the top 3%tile textile companies globally and highest in Textile category in India. Welspun Living is now certified as Great Place to work, putting us among the top 100 Companies in India in all parameters. ROCE% at 14.6% vis-à-vis 5.7% in FY23 Dividend announced at Rs 0.10 per share Speaking about the performance, Mr. B.K. Goenka, Chairman, Welspun Group, said “It is heartening to see the Company achieving a considerable growth of 20% in FY24, recording its highest ever yearly revenues and sustainable profitability, with PAT growing by 3.4x. Being recognised and certified as a ‘Great place to work’ by GPTW Certification agency and be among the top 100 companies in India in all parameters, is an incredible accomplishment. Our flooring business continued to achieve newer heights with highest ever revenues and profitability in FY24. All our Emerging Businesses, which would be key contributor towards our growth in future, recorded a 26% increase in revenues during Q4FY24. Our Domestic Businesses of Home Textile and Flooring are our key emerging businesses, attained highest revenues in FY24 and Brand “Welspun” continues to be the most widely distributed Home Textile brand in the country with presence in 600+ towns and 20,000+ stores. Our leadership in sustainable business practices of embedding Environmental, social, and governance (ESG) aspects in all our business operations and processes, was further reiterated through the recent rating done by Dow Jones Sustainability Index (DJSI) for 2023-24, which puts us among the top 3 percentile of the Home Textile Companies globally." Result PDF Welspun Living Ltd - 514162 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor/Earnings Presentation inter alia, on audited financial results of the Company for the quarter and year ended March 31, 2024 is attached herewith. Welspun Living Ltd - 514162 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board at its meeting held today i.e April 25, 2024 has approved appointment of Ms. Naiyya Saggi as Indepedent Director of the Company. Intimation for the same is attached herewith. Welspun Living Ltd - 514162 - Announcement under Regulation 30 (LODR)-Dividend Updates
The Board in its meeting held today i.e April 25, 2024 has recommended the dividend. Intimation for the same is attached herewith. Welspun Living Ltd - 514162 - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Welspun Living Limited (The Company) Held On April 25, 2024.
Outcome of the meeting of the Board of Directors of Welspun Living Limited (the Company) held on April 25, 2024. Welspun Living Ltd - 514162 - Audited Financial Statements For The Quarter And Year Ended March 31, 2024.
Audit Financial Statements for the quarter and year ended March 31, 2024. Welspun Living Ltd - 514162 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Attaching herewith copy of intimation of Loss of Share Certificate received from RTA. Kindly take note of the same. Welspun Living Ltd - 514162 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Attaching herewith intimation pursuant to grant of ESOPs. Please take the same on your records. Welspun Living Ltd - 514162 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please take note that the Company has scheduled a Conference Call on Thursday, April 25, 2024 at 4:30 P.M. Indian Standard Time. Invite for the call is attached.