Welspun Living Full Year 2024 Earnings: Beats Expectations

Welspun Living (NSE:WELSPUNLIV) Full Year 2024 Results

Key Financial Results

• Revenue: ₹98.3b (up 21% from FY 2023).
• Net income: ₹6.81b (up 243% from FY 2023).
• Profit margin: 6.9% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: ₹7.06 (up from ₹2.02 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Welspun Living Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India.

Performance of the Indian Luxury industry.

The company's shares are up 4.9% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Welspun Living's balance sheet health.

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