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Welspun India

Welspun India seeking to tap opportunity in kids segment through pact with The Walt Disney Company: CEO

Welspun has the rights to design, develop, manufacture and distribute a complete range of home textiles products leveraging on Disney's franchises New Delhi: Home textiles major Welspun India is seeking to tap opportunities in the kids segment through its licensing...

Welspun India’s Q2 consolidated net profit up by over 21 pc

Home textiles firm Welspun India on Monday reported a rise of 21.38 percent in its consolidated net profit for the second quarter (Q2) of 2018-19.As per the company's regulatory filing to the BSE, the consolidated net profit during the...

Welspun India’s Q3 consolidated net falls 47 pc

Home textiles firm Welspun India on Tuesday reported a 47.08 percent fall in its consolidated net profit to Rs 79.51 crore during the third quarter (Q3) of 2017-18.The consolidated net profit of the company fell to Rs 79.51 crore...

Welspun India reports 38 pc decline in Q1

Textile firm Welspun India has reported a 38.39 per cent decline in consolidated net profit at Rs 128.56 crore for the June quarter due to lower income and higher expenses. According to a PTI report: The company had posted a...

Welspun India re-appoints Rajesh Mandawewala Managing Director

Textile firm Welspun India said that it has re-appointed Rajesh Mandawewala as the managing director for five years. The board has approved re-appointment of Rajesh Mandawewala as the MD for five years with effect from April 1, subject to approval...

In another blow to Welspun, J C Penney offers refunds on 'questionable' products

In what is being seen as a spin-off of the Welspun disaster, US-based retailer J C Penney has said it will be offering refunds to shoppers who purchased certain towels and a comforter set. This, even though the retailer is unable to...

Welspun's scrip declines by over 47 per cent; Rs 4,867 crore investor wealth lost

Welspun India's scrip witnessed severe drubbing for the fourth day in a row, falling over 8 per cent on Thursday amid a host of negative news following US-based Target Corp's decision to terminate its contract with the company for...

Welspun India hits Rs 193.29 crore for Q4 FY15-16

Mumbai based, Welspun India, Asia's largest Terry Towel producers in the World has reported a 19.77 per cent growth in their consolidated net profit. It accounts to Rs 193.29 crore for the fourth quarter which ended on March 31,...

Welspun India forays into e-commerce with Shopwelspun

Textile major Welspun India entered the ecommerce segment with the launch of an online portal, Shopwelspun, the company said on Thursday. The portal will list brands such as SPACES Home & Beyond, Welhome and Spun, covering products such as rugs,...

Sensex crosses 10k, Nifty above 3100; Retail stocks in green too

It was a cheerful day at Dalal Street, Monday. Markets ended up firm, thanks to strong global cues and a positive economic stimulus package, resulting in smart market rally. While the 30-share index Sensex shut shop at 10275, up...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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