Welspun Living Limited — Important, 28-10-2024: Financial Result Updates

Welspun Living Limited reported a strong Q2 FY25 with a 15.5% year-on-year revenue increase to ₹29,360 million and a net profit of ₹2,010 million, reflecting a 2.2% rise. The board approved a capital expenditure of ₹1,050 Crore for expanding towel and bedsheet production at its subsidiary. The company also announced a successful buy-back of equity shares worth ₹278.44 Crore. Key segments, particularly domestic consumer and flooring, showed impressive growth.