Welspun Living shares: Up 80% in 6 months, rise 10% today post Q2 results; buy, sell or hold? What brokerages suggest
New Delhi, Nov. 2 -- Welspun Living shares jumped over 10% on Monday, 2 November, after the home textiles major reported a multi-fold increase in its consolidated net profit for the September quarter of FY27.
The company posted a consolidated net profit of Rs.169.66 crore in the July-September quarter, compared with Rs.14.86 crore in the corresponding period last year, according to a regulatory filing.
Revenue from operations rose 12.3% year-on-year to Rs.2,838.12 crore in Q2 FY27, from Rs.2,440.91 crore a year earlier. Total expenses increased 8.42% to Rs.2,636.77 crore.
Segment-wise, revenue from the Home Textiles business grew 15.82% year-on-year to Rs.2,689.02 crore, while the Flooring segment reported a 19.3% increase to Rs.216.23...
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