The company's total income was at Rs413.37cr in the quarter under review, nearly doubled from Rs221.83cr in the corresponding period of the previous year.
B.K. Goenka, Chairman, Welspun Group, said, “We started the year with the second wave of COVID disrupting the business. However with the easing of lockdown and on the strength of the order book and focus on execution, the Company’s performance in the latter part of the quarter has improved, and we expect the momentum to continue.”
The company's total current EPC Order Book at Rs 8,102 crore (Rs 5,561 crore in Road and Rs 2,541 crore in Water segment). Further, it has recorded a whopping 97.7% yoy growth in turnover.
On Friday, Welspun Enterprises stock will be in focus after its Q1 results.
On the previous day, on Sensex, Welspun finished at Rs107.80 per piece up 0.6%.