Welspun Specialty Solutions Ltd Q4 FY2023-24 PAT jumps to Rs. 40.03 crores

Welspun Specialty Solutions Ltd has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 156.41 crores during the period ended March 31, 2024 as compared to Rs. 181.94 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 40.03 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 6.10 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 0.76 for the period ended March 31, 2024 as compared to Rs. 0.11 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹ 156.41 crs	₹181.94 crs	-14.03%
Net Profit	₹40.03 crs	₹6.10 crs	556.23%
EPS	₹0.76	₹0.11	590.91%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs. 156.41 crores during the period ended March 31, 2024 as compared to Rs.140.79 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.40.03 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.8.06 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.0.76 for the period ended March 31, 2024 as compared to Rs.0.15 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹ 156.41 crs	₹140.79 crs	11.09%
Net Profit	₹40.03 crs	₹8.06 crs	396.65%
EPS	₹0.76	₹0.15	406.67%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.718.17 crores during the Financial Year ended March 31, 2024 as compared to Rs.432.59 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.62.47 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.-13.74 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.1.18 for the Financial Year ended March 31, 2024 as compared to Rs.-0.26 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹718.17 crs	₹432.59 crs	66.02%
Net Profit	₹62.47 crs	₹-13.74 crs	554.66%
EPS	₹1.18	₹-0.26	553.85%

Shares of Welspun Specialty Solutions Ltd was last trading in BSE at Rs. 39.01 as compared to the previous close of Rs. 37.70. The total number of shares traded during the day was 557875 in over 1120 trades.

The stock hit an intraday high of Rs. 39.90 and intraday low of 37.01. The net turnover during the day was Rs. 21203637.00.

Source : Equity Bulls

Keywords

WelspunSpecialtySolutions Q4FY24 FY2024 ResultUpdate