Welspun India

Welspun India Ltd (WIL) is a manufacturer and marketer of home textile products. The company’s product portfolio comprises towels, area rugs, bath rugs and mats, bath robes, utility bedding, bed sheets and fashion bedding. It also offers disposable products such as wipes, drapes and gowns, wound care, and hygiene such as fem care and diaper. The company provides products for industrial and consumer applications in medical, filtration, FMCG, automotive, aerospace and thermal insulation. WIL markets products under Christy, Martha Stewart, Welhome, Spaces, Kingsley and WelSpun brand names. The company exports its products through distribution network to global retailers across the US, Canada, the UK, Europe, South East Asia and the Middle East. WIL is headquartered in Mumbai, Maharashtra, India.The company reported revenues of (Rupee) INR93,114.7 million for the fiscal year ended March 2022 (FY2022), an increase of 26.9% over FY2021. In FY2022, the company’s operating margin was 10.2%, compared to an operating margin of 12.4% in FY2021. In FY2022, the company recorded a net margin of 6.5%, compared to a net margin of 7.4% in FY2021. The company reported revenues of INR21,134.6 million for the second quarter ended September 2022, an increase of 8% over the previous quarter.