Welspun Living Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Welspun Living Ltd reported a 13.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 3.0%.
- Its expenses for the quarter were down by 10.8% QoQ and up 7.0% YoY.
- The net profit decreased 39.3% QoQ and decreased 31.4% YoY.
- The earnings per share (EPS) of Welspun Living Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2527.69 | 2936.02 | 2453.88 | -13.9% | 3.0% |
Total Expenses | 2369.72 | 2655.87 | 2214.29 | -10.8% | 7.0% |
Profit Before Tax | 157.97 | 280.15 | 239.59 | -43.6% | -34.1% |
Tax | 35.51 | 77.92 | 60.63 | -54.4% | -41.4% |
Profit After Tax | 122.87 | 202.40 | 179.05 | -39.3% | -31.4% |
Earnings Per Share | 1.30 | 2.10 | 1.80 | -38.1% | -27.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Welspun Living Ltd is a company primarily engaged in the home textiles industry, offering products such as bed linens, towels, rugs, and other home furnishing items. The company is part of the larger Welspun Group, which is known for its presence in various sectors including steel, energy, and infrastructure. Welspun Living Ltd caters to a global market, providing high-quality textile products to both retail and institutional clients. As of now, there are no specific major recent developments mentioned in the data provided, and any additional information regarding recent strategic initiatives or changes in business operations is not available.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Welspun Living Ltd reported a total income of ₹2,527.69 crores. This reflects a decrease of 13.9% compared to the previous quarter (Q2FY25), in which the total income was ₹2,936.02 crores. However, when compared to the same quarter of the previous year (Q3FY24), which had a total income of ₹2,453.88 crores, there is an increase of 3.0%. This year-over-year growth indicates a positive trend in revenue, despite the quarter-over-quarter decline. These variations highlight the fluctuations in revenue streams over the quarters.
Profitability
The profitability metrics for Welspun Living Ltd in Q3FY25 show a profit before tax (PBT) of ₹157.97 crores. This represents a significant decline of 43.6% from the preceding quarter's PBT of ₹280.15 crores, and a decrease of 34.1% when compared to Q3FY24's PBT of ₹239.59 crores. The tax expense for Q3FY25 was ₹35.51 crores, which is also lower than both the previous quarter and the same quarter in the previous year, showing reductions of 54.4% and 41.4%, respectively. Consequently, the profit after tax (PAT) stood at ₹122.87 crores, down by 39.3% quarter-over-quarter and 31.4% year-over-year. This declining trend in profitability is mirrored in the earnings per share (EPS), which decreased to ₹1.30 in Q3FY25 from ₹2.10 in Q2FY25 and ₹1.80 in Q3FY24.
Operating Metrics
The analysis of operating metrics for Welspun Living Ltd for Q3FY25 indicates a total expenses figure of ₹2,369.72 crores. This marks a 10.8% reduction from the previous quarter's expenses of ₹2,655.87 crores. However, there is a 7.0% increase in expenses compared to Q3FY24, where total expenses were ₹2,214.29 crores. These figures show a decrease in quarterly operating expenses but an increase on a year-over-year basis, reflecting changes in the company’s cost structure or operational scale. While specific operating ratios, such as the debt-to-equity ratio or current ratio, are not provided in the data, the expense dynamics give insight into the company's operational efficiency and cost management strategies over the periods in focus.
