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Latest Articles in Welspun India

Welspun India's Net Profit Surges Multi-fold To Rs 162.73 Cr In Q1

Welspun India reported a consolidated net profit of Rs 21.36 crore in the April-June quarter of the previous fiscal year in a regulatory filing

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Welspun India Q3 Results Out, Company’s Retail Business Grew By 39 Per Cent

The company informed in an exchange filing that its total Income for Q3 FY 23 is Rs 19,041 mn and for 9M FY 23 is Rs 60,196 mn

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Welspun India Acquires 26% Stake In Clean Max Thanos

The company has entered into an arrangement for supply of renewable energy under Captive Structure from CTPL

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Last Trading Day Of 2022 : RIL, HG Infra, Welspun India To Make Investors Smile

On Thursday, the stock market managed to make some gains in the last few hours. Today is the last trading day of 2022

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The Achievers: “Respect The Equal Contributor”

While there is much to celebrate for India@75, expectations regarding gender roles must change, says Dipali Goenka who runs her business on her terms

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Welspun India Q3 profit rises over twofold to Rs 174 cr

Total income during the quarter under review stood at Rs 2,049.71 crore as against Rs 1,604.92 crore in the year-ago period

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The Cotton Queen

Under Goenka's leadership, Welspun became the largest exporter of home fashion products and the largest in the terry towel business globally

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Welspun To Closely Monitor Its Egyptian Cotton Business

Welspun India found itself in a spot in August when US retailer Target Corp accused the company of selling cheaper sheets as premium Egyptian cotton for two years, damaging the company's reputation

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Welspun Says Walmart Will Continue To Source Non-Egyptian Cotton Products

Walmart said it will not cut ties with Welspun India after the manufacturer was unable to assure the retailer its products were made of authentic Egyptian cotton

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Welspun Faces New Probe From Bed Bath, Shares Pressured

US retailer Bed Bath & Beyond said it ordered an external audit of textiles from Welspun India, putting more pressure on the embattled Indian bedding and towel maker that has seen nearly half its market value wiped out this week

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What Led To The Welspun India Cotton Scandal

A scandal involving the alleged sale of falsely labeled Egyptian cotton products by an Indian textile manufacturer to US big box retailers highlights a stiff reality facing the high-end fiber market: there isn't much Egyptian cotton any more

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Welspun India Shares Slump After Target Severs Ties With Company

Shares in Welspun India dropped 20 per cent before trading was halted. The broader Nifty was trading down 0.47 per cent

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Welspun India Q1 Net Up 10% At Rs 202 Crore

Net sales of the company went up by 11.30 per cent to Rs 1,386.46 crore for the reported quarter as compared to Rs 1,245.6 crore in the same period last year

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