Welspun Corp shares slip 3% after Q3 revenue takes a hit, declines 24% YoY

Quick Summary:

The report showed Welspun Corp's consolidated net profit increased 181 per cent at Rs 674.7 crore as compared to Rs 291.

It manufactures steel pipes and specialises in producing a wide range of pipes, including line pipes, spiral welded pipes, and coated pipes used in industries such as oil & gas, water supply, and infrastructure.

The stock declined after the company posted a 24 per cent decline in year-on-year (Y-o-Y) revenue in Q3.

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Category: BusinessFinance

Markets: India

Topics: Q3 results Welspun corp stock price Sensex Bse Welspun corp q3 results Welspun corp results Welspun corp share news today Welspun corp share price Markets Market today Nifty 50 Welspun corp share Nse

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Article Type: News Report

Published On: 2025-02-06 @ 11:11:31 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Copyright Owner: © Business Standard

News ID: 25919966

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