Welspun Corp Limited (NSE:WELCORP)

Welspun Corp Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	139,775	173,396	97,581	65,051	71,526
Revenue	139,775	173,396	97,581	65,051	71,526
Revenue Growth (YoY)	-19.39%	77.69%	50.01%	-9.05%	-27.07%
Cost of Revenue	89,730	121,761	72,040	47,948	48,071
Gross Profit	50,045	51,635	25,542	17,103	23,455
Selling, General & Admin	10,726	9,928	5,623	3,909	4,670
Other Operating Expenses	22,459	25,521	14,557	8,257	10,802
Operating Expenses	36,695	38,927	23,209	14,713	17,936
Operating Income	13,350	12,708	2,332	2,390	5,519
Interest Expense	-3,110	-2,957	-2,259	-940.6	-701.24
Interest & Investment Income	916.3	950.9	928.1	1,650	652.79
Earnings From Equity Investments	2,312	1,567	752.1	-57.2	1,349
Currency Exchange Gain (Loss)	185	160.8	-356.3	5	254.27
Other Non Operating Income (Expenses)	167.7	295	11.1	29.2	-25.64
EBT Excluding Unusual Items	13,820	12,725	1,408	3,077	7,048
Gain (Loss) on Sale of Investments	4,149	1,399	810.1	3,497	1,967
Gain (Loss) on Sale of Assets	-161.1	90.7	1,118	-70	529.93
Legal Settlements	-17.5	-	-	-	-
Other Unusual Items	4,657	-573.1	-	-	1,376
Pretax Income	22,619	14,135	3,336	6,606	10,930
Income Tax Expense	3,596	2,775	1,345	2,164	2,553
Earnings From Continuing Operations	19,023	11,360	1,992	4,442	8,377
Earnings From Discontinued Operations	-	-	-	-	-110.38
Net Income to Company	19,023	11,360	1,992	4,442	8,266
Minority Interest in Earnings	58.6	-256	75.2	-53.6	-590.65
Net Income	19,081	11,104	2,067	4,388	7,676
Net Income to Common	19,081	11,104	2,067	4,388	7,676
Net Income Growth	71.84%	437.23%	-52.90%	-42.83%	20.79%
Shares Outstanding (Basic)	262	262	261	261	261
Shares Outstanding (Diluted)	263	262	262	262	262
Shares Change (YoY)	0.38%	0.14%	0.16%	0.01%	-0.94%
EPS (Basic)	72.80	42.45	7.91	16.82	29.42
EPS (Diluted)	72.44	42.32	7.89	16.77	29.34
EPS Growth	71.17%	436.37%	-52.95%	-42.84%	21.94%
Free Cash Flow	6,509	10,070	-13,793	-7,607	4,551
Free Cash Flow Per Share	24.71	38.38	-52.64	-29.08	17.40
Dividend Per Share	5.000	5.000	5.000	5.000	5.000
Dividend Growth	-	-	-	-	-52.38%
Gross Margin	35.80%	29.78%	26.17%	26.29%	32.79%
Operating Margin	9.55%	7.33%	2.39%	3.67%	7.72%
Profit Margin	13.65%	6.40%	2.12%	6.75%	10.73%
Free Cash Flow Margin	4.66%	5.81%	-14.13%	-11.69%	6.36%
EBITDA	16,564	16,009	5,175	4,732	7,777
EBITDA Margin	11.85%	9.23%	5.30%	7.27%	10.87%
D&A For EBITDA	3,214	3,301	2,842	2,342	2,259
EBIT	13,350	12,708	2,332	2,390	5,519
EBIT Margin	9.55%	7.33%	2.39%	3.67%	7.72%
Effective Tax Rate	15.90%	19.63%	40.30%	32.76%	23.36%
Revenue as Reported	141,673	175,821	100,781	70,563	75,094
Advertising Expenses	550.2	434.4	79.1	46.4	30.46

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.