Textiles company Welspun Living announced Q3FY25 results Total revenue for Q3FY25 at Rs 25,277 million grew 3.0% YoY. Consolidated EBITDA for Q3FY25 at margin of 12.6% is Rs 3,185 million. Consolidated PAT for Q3FY25 is Rs 1,208 million. EPS: Rs 1.27 in Q3FY25 vs Rs 1.84 in Q3FY24. Net Debt stood at Rs 16,584 million vs. Rs15,416 million as on Dec’23 higher by Rs 1,168 million vs. Rs18,323 million as on Sept’24 Lower by Rs 1,739 million. Capex: In Q3FY25 the Company has spent Rs 1033 million majorly towards Towel projects at Anjar and YTD capital outlay is at Rs 5950 million. B.K. Goenka, Chairman, Welspun Group, said: “Welspun Living remains committed to redefining home solutions sustainably while establishing itself as the 'FMCG of Textiles.' In Q3FY25, we achieved 3% consolidated revenue growth, with home textile exports up 6%. Our key growth pillars—Global Brands, Domestic Consumer, Advanced Textiles, and Flooring—grew 10% in 9MFY25, providing a competitive edge. The domestic consumer business saw 2% YoY growth amidst inflation and cautious spending, while the ‘Welspun’ brand grew 8%, reinforcing its leadership in home textiles. With ESG embedded in all facets of our operations, we are on track to achieve 100% renewable energy by 2030, keeping us ahead in sustainability globally.” Result PDF
Conference Call with Welspun Living Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Welspun Living announced Q2FY25 results Achieved highest ever Quarterly Revenue of Rs 29,360 million grew by 15.5% YoY. EBITDA for Q2FY25 up 7.5% YoY at Rs 4,206 million at margin of 14.3%. PAT for Q2FY25 is Rs 2,010 million at margin of 6.8%. Flooring Business also recorded highest ever Quarterly Revenue of Rs 2,498 million with EBITDA margin of 8.8%. Net Debt stood at Rs 18,323 million vs. Rs 15,734 million as on Q2FY24 increased by Rs 2,589 million & vs Rs15,620 million as on Q1FY25 increased by Rs 2,703 million. B.K. Goenka, Chairman, Welspun Group, said: “Welspun Living’s commitment and focus to sustainably grow all its businesses has seen the Company reporting its highest ever consolidated quarterly revenues in Q2FY25, growing by 15.5%, in the face of relatively adverse global conditions owing to Red Sea challenges. Emerging businesses of Global Brands, Domestic consumer, Advance textile and Flooring are continuing to flourish from strength to strength and grew 22% in Q2FY25, with flooring business reporting highest quarterly revenues. The Company has also achieved an EPS of Rs 2.10, growing by 3%. Domestic Consumer business continued showing resilience during the quarter despite muted retail market sentiments and ‘Welspun’ brand strengthened its leadership position of being the most widely distributed Home Textile brand, growing by 20% during the quarter. ESG is imbedded in every aspect of operations at Welspun, keeping us ahead of our peers globally in responsible and sustainable practices. We have entered into a JV for provision of 4.6MW of Solar energy at our Telangana facility this year, which is another significant step towards our journey to be 100% renewable energy by 2030.” Result PDF
Conference Call with Welspun Living Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Welspun Living announced Q1FY25 results: Total Income in Q1FY25 is Rs 25,885 million grew by 17% YoY EBITDA in Q1FY25 Rs 3,935 million @ 15.2% margin grew by 15% YoY Home Textile Exports Business grew by 19% YoY with EBITDA margin of 17.0% Innovation Sales grew by 13% YoY Flooring Business in Q1FY25 recorded revenue of Rs 2,278 million EBITDA of Flooring Business in Q1FY25 is Rs 210 million @ 9.2% margin Net Debt stood at Rs 15,620 million vs. Rs 18,153 million as on June’23 lower by Rs 2,533 million & vs. Rs 13,542 million as on Mar’24 increased by Rs 2,078 million Buyback of Rs 2,784 million approved by board at a price of Rs 220 per share Dipali Goenka 4 Managing Director & CEO , Welspun Living, said: “We are happy to share that the company has continued to out perform strongly and has achieved revenues of Rs25,885 million in Q1FY25, growing at 17% YoY. This growth also comes with a sustainable EBITDA, which stood at Rs3,935 million with margin of 15.2%, growing 15% YoY. Emerging business, which are the key pillars of our growth, continued their upward trajectory, with Domestic Retail continuing to be the leading home textile player in India and flooring business recording a revenue of Rs 2,278 million with highest EBITDA margin of 9.2% on the back of increased revenues and better operating leverage. Welspun has remained at the forefront in its ESG practices with world and industry leading metrices. Welspun endeavours to keep ESG at the core of all its operations and has also joined Reuters VISION 2045 Campaign to drive sustainable change by making India the sustainable loom of the world." Result PDF