Corporate / SME News
Welspun India net profit jumps 66.5%; shares zoom over 10% post Q2 results.
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Author: TEXTILE VALUE CHAIN
Welspun India on Tuesday reported a 66.5 per cent jump in consolidated net profit at Rs 202.6 crore for the September quarter. Shares of home textiles major Welspun India on Tuesday zoomed over 10 per cent after the company reported a 66.5 per cent jump in consolidated net profit for the September quarter.
The scrip jumped 10.33 per cent to close at Rs 57.15 apiece on the BSE. During the day, it advanced 12.25 per cent at Rs 58.15 apiece. On the NSE, it rose 7.50 per cent to close at Rs 55.85 apiece.
Welspun India on Tuesday reported a 66.5 per cent jump in consolidated net profit at Rs 202.6 crore for the September quarter.