Welspun posted its highest ever nine months of revenue at ₹2,563 crore, which grew 25% year-on-year during the same period.
Revenue declined slightly by 0.6% YoY, standing at ₹328.9 crore, down from ₹330.9 crore in Q3 FY24.
M&M and Bajaj Finance are the two stocks that hit a 52-week high in Sensex and in Nifty
Garden Reach Shipbuilders Ltd declared a record-high interim dividend of ₹8.95 a share
Net profit for the company declined sharply by 66.16% YoY at ₹280.15 crore for Q3 FY25, compared with ₹828.04 crore in the corresponding quarter last year.
At the operating level, EBITDA fell by 19.9% YoY to ₹434 crore, compared to ₹542 crore in the corresponding quarter last year.
In the previous corresponding quarter, the company posted a net profit of ₹4,028.30 Crore, said the company in its filing with the bourses.
The NFO is available for subscription from Jan 31 to Feb 14, 2025.
The company will also focus on railway signalling and safety solutions, covering areas like train control and condition monitoring.
Crossing ₹300 crore in Assets Under Management (AUM) is one of the most significant milestones achieved by the company during this quarter
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