InvestorQ : Is Welspun India a good buy after reporting huge growth in profits this quarter?
Anu Biswas made post

Is Welspun India a good buy after reporting huge growth in profits this quarter?

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Neelam Naik answered.
2 years ago
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The jump in profits was huge from Rs.30 crore in Dec-18 to Rs.223 crore in Dec-19 i.e. almost eight fold. The huge spurt in profit was on the back of lower taxes due to the shift. However, the total revenues were up by just about 17% during the December quarter.

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