Corporates

Welspun Investing Rs 1,500 crore in Expanding Capacity

Textile Insights January 12, 2024

At the recently concluded Vibrant Gujarat Summit, Welspun Group announced that they will invest Rs 1,500 crores in enhancing their textile production capacities in Gujarat. In another announcement, Welspun added that it has committed to investing Rs 40,000 crores to develop a robust green

Financial Results

Welspun Living Ltd Achieves Record Q2 Profit and Revenue

Textile Insights October 29, 2023

Welspun Living Ltd, a major player in the home textiles industry, announced a significant surge in consolidated net profit, reaching Rs 200.41 crore for the quarter ending September. This marks a substantial increase from the Rs 8.33 crore net profit reported during the same period in the previous year, as per a regulatory filing by […]

Home Textiles

Welpsun India Aims To Be Debt-Free In Fiscal 2025-26

Textile Insights September 6, 2023

Welspun India, a major manufacturer and which exports 90 percent of home textiles production, plans to be debt-free by 2025-end and 2026-beginning. This was informed by Dipali Goenka, the Joint Managing Director and CEO of Welspun India, who also informed about the company’s plan to invest Rs 300 crore in various initiatives. “Welspun India is […]

Financial Results

Astounding Leap In Welpsun India’s Q1FY’24 Net Profit

Textile Insights August 2, 2023

Net profit at Welspun India, a major producer and exporter of home textiles leaped an astounding 957.68 percent year on year in the first fiscal quarter ended June 30, 2023. In a BSE filing, Welsun said it clocked a net profit of Rs 155.48 crore in the previous quarter versus Rs 14.70 crore for the […]