Welspun Corp Ltd. has announced its financial results for the second quarter of fiscal year 2025. The company reported a decline in both revenue and net profit on a year-over-year basis.
For Q2 FY25, the company’s revenue from operations stood at ₹3,301.83 crore, a decrease of 18.6% compared to ₹4,059.45 crore in the same period last year. This decline reflects challenges in market conditions impacting the company’s operational performance.
In terms of profitability, Welspun Corp’s net profit for the quarter was ₹282.96 crore, down by 26.3% from ₹386.57 crore reported in Q2 FY24. The drop in net profit was primarily attributed to reduced revenue and external market pressures.
The company continues to monitor market trends and focus on operational efficiencies to mitigate these challenges.
