Stock Report

Welspun Investments and Commercials Ltd Q3FY24 profit at Rs. 4.81 lakhs

Posted On : 2024-01-31 22:52:06( TIMEZONE : IST )

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

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 0.14 crores during the period ended December 31, 2023 as compared to Rs. 3.8640 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 0.0481 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 2.8565 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 0.13 for the period ended December 31, 2023 as compared to Rs. 7.82 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 0.14 crs	₹3.8640 crs	-96.38%
Net Profit	₹0.0481 crs	₹2.8565 crs	-98.32%
EPS	₹0.13	₹7.82	-98.34%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 0.14 crores during the period ended December 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.0.0481 crores for the period ended December 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.0.13 for the period ended December 31, 2023 as compared to Rs.-0.02 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 0.14 crs	₹0.09 crs	55.56%
Net Profit	₹0.0481 crs	₹-0.0040 crs	1,302.50%
EPS	₹0.13	₹-0.02	750.00%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.4.0221 crores during the 9 Months period ended December 31, 2023 as compared to Rs.4.2204 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2.8403 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.2.9763 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.77 for the 9 Months period ended December 31, 2023 as compared to Rs.8.14 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹4.0221 crs	₹4.2204 crs	-4.70%
Net Profit	₹2.8403 crs	₹2.9763 crs	-4.57%
EPS	₹7.77	₹8.14	-4.55%

Shares of Welspun Investments and Commercials Limited was last trading in BSE at Rs. 700.00 as compared to the previous close of Rs. 715.00. The total number of shares traded during the day was 781 in over 34 trades.

The stock hit an intraday high of Rs. 750.00 and intraday low of 686.20. The net turnover during the day was Rs. 562631.00.