Welspun Enterprises Limited — Important, 29-10-2024: Updates
29-10-2024 · 09:47 pm
Welspun Enterprises Ltd. reported a 22% year-on-year revenue growth for Q2 FY25, reaching ₹789 crores. The company's consolidated order book stands at ₹15,200 crores, supporting its ambitious target of ₹4,000 crores revenue for the fiscal year. Notable developments include the acquisition of an additional 9.99% stake in Welspun Michigan Engineers Ltd. and a new joint venture for innovative wastewater treatment solutions in India. The company achieved record H1 income of ₹1,798 crores, marking a 25% increase.
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