Stock Report

Welspun Investments and Commercials Ltd Q4 FY2023 net profit at Rs. 2.50 crore

Posted On : 2023-05-10 23:38:51( TIMEZONE : IST )

Welspun Investments and Commercials Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3.4338 crores during the period ended March 31, 2023 as compared to Rs. 0.09 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 2.5055 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -0.0040 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 6.86 for the period ended March 31, 2023 as compared to Rs. -0.02 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹3.4338 crs	₹0.09 crs	3,715.33%
Net Profit	₹2.5055 crs	₹-0.0040 crs	62,737.50%
EPS	₹6.86	₹-0.02	34,400.00%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.3.4338 crores during the period ended March 31, 2023 as compared to Rs.0.0793 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.2.5055 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.0869 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.6.86 for the period ended March 31, 2023 as compared to Rs.0.24 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹3.4338 crs	₹0.0793 crs	4,230.14%
Net Profit	₹2.5055 crs	₹0.0869 crs	2,783.20%
EPS	₹6.86	₹0.24	2,758.33%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.7.6542 crores during the Financial Year ended March 31, 2023 as compared to Rs.4.2151 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.5.4818 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.2.4677 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.15 for the Financial Year ended March 31, 2023 as compared to Rs.6.75 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹7.6542 crs	₹4.2151 crs	81.59%
Net Profit	₹5.4818 crs	₹2.4677 crs	122.14%
EPS	₹15	₹6.75	122.22%

Shares of Welspun Investments and Commercials Limited was last trading in BSE at Rs. 303.05 as compared to the previous close of Rs. 292.40. The total number of shares traded during the day was 123 in over 14 trades.

The stock hit an intraday high of Rs. 310.00 and intraday low of 293.15. The net turnover during the day was Rs. 37250.00.