Mumbai, January 30, 2025 – Welspun Investments & Commercials Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company’s performance reflects stable revenues, profitability, and a consistent operational structure.
Financial Highlights (₹ in lakhs)
| Particulars | Q3 FY25 (31/12/2024) | Q2 FY25 (30/09/2024) | Q3 FY24 (31/12/2023) | 9M FY25 (31/12/2024) | 9M FY24 (31/12/2023) | FY24 (31/03/2024) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 19.29 | 488.49 | 14.00 | 518.81 | 402.21 | 412.68 |
| Other Income | 0.00 | 1.25 | 0.00 | 1.25 | 0.00 | 0.00 |
| Total Income | 19.29 | 489.75 | 14.00 | 520.06 | 402.21 | 412.68 |
| Total Expenses | 11.12 | 8.83 | 10.00 | 30.10 | 22.85 | 33.88 |
| Profit Before Tax (PBT) | 8.17 | 482.67 | 4.00 | 489.96 | 379.36 | 378.81 |
| Net Profit (PAT) | 7.00 | 361.30 | 3.81 | 376.10 | 284.03 | 277.61 |
| Earnings Per Share (₹) | 0.18 | 8.99 | 0.13 | 7.77 | 7.60 | 7.60 |
Key Observations:
- Revenue Growth: Revenue from operations stood at ₹19.29 lakh in Q3 FY25, a significant decline from ₹488.49 lahks in Q2 FY25 but higher than ₹14.00 lakh in Q3 FY24.
- Profitability: The company posted a net profit of ₹7.00 lakh in Q3 FY25, showing an increase compared to ₹3.81 lakh in Q3 FY24.
- Stable EPS: Earnings per share (EPS) for the quarter was ₹0.18, compared to ₹8.99 in Q2 FY25 and ₹0.13 in Q3 FY24.
- No Defaults or Variations: The company reported no outstanding defaults on loans or debt securities.
- No Segmental Reporting: As per accounting standards, the company operates as a single-segment entity focused on investment activities.
Management Commentary
Gajendra Nahar, Whole-Time Director, CFO & CEO, stated:"Our financial performance for Q3 FY25 highlights resilience in our core investment business. While revenue from operations declined sequentially, our profitability remains intact, reinforcing our strong fundamentals and disciplined financial management."
Regulatory and Compliance Updates
- The financial results have been prepared using accounting standards and reviewed by the Audit Committee.
- The company is classified as a Core Investment Company (CIC) but is not required to register with the regulator.
- No audit modifications were reported in the financial results.