Welspun Enterprises Reports 18.2% Rise in Consolidated Profit for Q1 2024

Welspun Enterprises reported an 18.2% rise in consolidated profit for the quarter ended June 2024, reaching Rs 109.73 crore compared to Rs 92.80 crore in the same period the previous year. The company's total income for Q1 2024 increased to Rs 959.76 crore from Rs 750.04 crore in Q1 2023.

Welspun Enterprises on Thursday announced an 18.2% increase in its consolidated profit, reaching Rs 109.73 crore for the quarter ending June 2024.

According to a regulatory filing, the company had recorded a consolidated profit of Rs 92.80 crore during the same period last year.

The firm's total income for the April-June period also saw a significant rise to Rs 959.76 crore, up from Rs 750.04 crore in the year-ago quarter.

Welspun Enterprises Ltd remains a leading infrastructure developer in India, boasting a diversified portfolio in both the infrastructure and energy sectors.

(With inputs from agencies.)