This order would be executed from Welspun Corps facilities in India and majority of it would be supplied in this financial year, as per the companys press release.
The companys consolidated net profit slumped 70.21% to Rs 61.38 crore on a 6.78% decline in revenue from operations to Rs 1,298.89 crore in Q3 FY22 over Q3 FY21.
Shares of Welspun Corp slipped 2.40% to Rs 209.25 on BSE. Welspun Corp is a one-stop service provider offering end-to-end pipe solutions.
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