Welspun Living Ltd. saw its shares drop over 7% to Rs 137.88 during Tuesday’s trading session following the announcement of its Q3 FY25 results. The company’s total revenue for the quarter stood at Rs 2,528 crore, reflecting a 3% YoY growth from Rs 2,453 crore in Q3 FY24. This growth was driven by strong contributions from its global brands and domestic consumer segments. However, EBITDA for the quarter declined 16.6% YoY to Rs 318 crore from Rs 382 crore in the previous year, with the EBITDA margin contracting by 296 basis points to 12.6% due to higher operating expenses and inflationary pressures. Net profit fell sharply by 31.6% YoY to Rs 121 crore, down from Rs 177 crore in Q3 FY24, reflecting reduced profitability and lower operational efficiency across core segments. The Home Textile business posted a revenue of Rs 2,282 crore, showing a modest 1.3% YoY increase, while the Flooring segment experienced a 12.4% revenue decline to Rs 216 crore.
Despite these challenges, Welspun Living reiterated its commitment to innovation, sustainability, and long-term growth. The company emphasized its investments in the ‘Welspun’ brand and ongoing ESG initiatives aimed at achieving 100% renewable energy by 2030. The stock experienced a sharp decline in the market, with the current price of Rs 137.88 reflecting a 7.69% drop from the previous close of Rs 149.36. The day’s trading range stood between Rs 135.76 and Rs 150.70, while the company’s market capitalization was recorded at Rs 14,012 crore. The stock has a 52-week range of Rs 122.65 to Rs 212.95. Welspun Living remains optimistic about leveraging its core strengths and new product development to drive future growth amid near-term challenges.
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