Welspun Specialty Solutions Ltd — Results, 29-04-2025: Result

Welspun Specialty Solutions Limited has announced a board meeting, approving the audited financial statements for the year ended March 31, 2025. The company reported a net loss of ₹4.09 crore for the financial year, compared to a profit of ₹62.47 crore in the previous year, driven by increased expenses amid rising operational costs. Additionally, MNB & Co. LLP was appointed as the Secretarial Auditor for five years, pending shareholder approval at the upcoming Annual General Meeting. The company successfully raised ₹349.86 crore through a rights issue to manage its borrowings and general corporate purposes.