Mumbai, May 29 -- As compared to Q3 FY25, the iron & steel maker's consolidated net profit increased 3.49% and revenue grew 8.61%.
Welspun Corp's profit before exceptional items and tax rose 30.32% to Rs 327.54 crore in Q4 FY25 from Rs 251.33 crore in Q4 FY24. Exceptional items for the quarter stood at Rs 476.50 crore, primarily due to gains from strategic divestments. These include the sale of a 74% stake in Nauyaan Shipyard Pvt Ltd for Rs 382.73 crore and the write-down of assets linked to the divestment of Sintex Logistics LLC, USA. The group also sold its entire stake in Nauyaan Tradings Pvt Ltd to Reliance Strategic Business Ventures for Rs 1 lakh.
The company's EBITDA rose 21.5% to Rs 502 crore in the March 2025 quarter, compared ...
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