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Business Standard
30-05-2025
- Business
- Business Standard
Welspun Living slides as Q4 PAT decline 10% YoY to Rs 132 cr
Welspun Living dropped 6.60% to Rs 137.95 after the company reported a 9.71% decrease in consolidated net profit of Rs 131.82 crore in Q4 FY25 as against Rs 146 crore in Q4 FY24. Revenue rose by 2.74% year-over-year to Rs 2,645.90 crore during the period under review. EBITDA for the fourth quarter of FY25 was Rs 318 crore as compared with Rs 400 crore in the corresponding period last fiscal year. EBITDA margin reduced to 12% in Q4 FY25 as against 15.3% in Q4 FY25. On the segmental front, the Home Textile business reported revenue of Rs 2,452.56 crore, up 1.27% YoY, while the Flooring business recorded revenue of Rs 195.76 crore in Q4 FY25, reflecting a de-growth of 8.05%. Net debt stood at Rs 1,603 crore as of March 2024, higher by Rs 248 crore compared to Rs 1,354 crore in March 2023, but lower by Rs 56 crore from Rs 1,658 crore reported in December 2024. On a full-year basis, the companys net profit slipped 6.15% to Rs 639.16 crore on an 8.94% rise in net sales to Rs 10,545.09 crore in FY25 over FY24. On capex front the company said In Q4FY25, we spent ₹106 cr towards capex, majorly towards the Towel project at Anjar. FY25 capital outlay stood at Rs 701 cr On the capex front, the company stated that it spent Rs 106 crore in Q4 FY25, primarily towards the Towel project at Anjar. The total capital outlay for FY25 stood at Rs 701 crore. B.K. Goenka, chairman, Welspun Group, said, Despite evolving global trade dynamics and tariff uncertainties, Welspun continues to lead with resilience, agility, and innovationbringing clarity to complexity and turning disruption into opportunity. FY25 was a defining year as the company crossed the Rs 10,000 crore revenue mark, with consolidated revenues of Rs 10,697 crore, grew by 8.9% and a strong 10.8% growth in home textile exports. Our emerging businesses which are future growth engine contribute approximately 30% of revenues, reinforcing the power of our diversified model. We are equally focused on scaling our domestic consumer business which grew 5.1% in FY25, with the Welspun brand reaching deeper into households and SPACES evolving into a complete home lifestyle offering. Christy continues to build its reputation as a global luxury brand with focus on profitable growth and enhanced presence in markets beyond UK. Strategically, our ESG leadership has been validated with a score of 83 in the 2024 S&P Global CSA ranking us 1st in India and 4th globally in the Textile, Apparel & Luxury Goods categorya strong endorsement of our commitment to sustainable value creation. Meanwhile, the companys board has recommended a dividend of Rs 1.70 per equity share for FY 2024-25, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend will be paid to shareholders holding equity shares as of the record date, 27 June 2025. Welspun Living (WLL) is a global leader in home textiles. With a distribution network in more than 60 countries and world-class manufacturing facilities in India, Welspun is a strategic partner with top global retailers. WLL is driven by its differentiation strategy based on branding, innovation, and sustainability. On 22 September 2023, Welspun India Limited changed its name to Welspun Living Limited.
Yahoo
19-03-2025
- Business
- Yahoo
Firstsource in S&P Global Sustainability Yearbook 2025 for second consecutive year
- Top 99th percentile- Named 'Industry Mover'- Among 'Top 5% S&P Global CSA Score' MUMBAI, India, March 19, 2025 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), an RP-Sanjiv Goenka Group company, today announced its inclusion in the prestigious S&P Global Sustainability Yearbook for the second consecutive year—this time with an even greater impact, earning recognition as an 'Industry Mover' and achieving a 'Top 5% S&P Global CSA Score' for FY2025. Further solidifying its ESG leadership, Firstsource achieved an S&P Global Sustainable1 ESG Score and CSA Score of 81—a significant 19-point increase from 2023—featuring in the top 99th percentile, and a top performer in the 'Professional Services' category. Companies that demonstrate an improvement of at least five percent in their S&P Global Corporate Sustainability Assessment (CSA) Score – representing the strongest performance enhancement within their industry – are considered 'Industry Movers'. In addition, the 'Top 5% S&P Global CSA Score' recognition is awarded to companies whose scores rank within 1% to 5% of the industry's top-performing organization. Dr. Sanjiv Goenka, Chairman of RPSG Group and Firstsource, shared, "Being recognized in the top 99th percentile, as an 'Industry Mover' and ranking in the 'Top 5% S&P Global CSA Score', among those featured in the S&P Global Sustainability Yearbook is a proud moment for Firstsource. This achievement reaffirms our commitment to embedding sustainability at the core of our business strategy – where responsible growth, innovation, and long-term value creation go hand-in-hand. As we continue to advance our ESG initiatives, from climate action to stronger governance and social impact, we remain focused on driving meaningful change for our clients, employees, communities, and the environment." At Firstsource, sustainability is embedded into their operations through FirstConscious—their holistic ESG framework that drives responsible growth and long-term impact. Over the past year, Firstsource has accelerated its ESG journey by achieving key milestones, including: Strengthened GHG Inventory & Assurance – Enhancing transparency and accountability in emissions reporting Comprehensive Climate Risk Assessment – Evaluated climate risks across geographies to build resilience Committed to SBTi and achieving NetZero emissions by 2050, with validation process currently underway. Adopted the Taskforce on Climate related Financial Disclosures (TCFD) framework to ensure transparency in climate-related risks and opportunities. Strengthened ESG Policies & Processes – Embedding sustainability deeper into governance and operations Aligning towards UN Global Compact's Ten Principles on human rights, labor, environment, and anti-corruption The S&P Global Sustainability Yearbook identifies industry leaders demonstrating outstanding corporate sustainability performance. Companies are rigorously evaluated through S&P Global's Sustainable1 Corporate Sustainability Assessment (CSA), and only the top performers within each sector earn a place in the Yearbook. Out of over 7,690 companies across 62 industries that were assessed for this year's Sustainability Yearbook, only 780 are Yearbook Members. The S&P Global Sustainability Yearbook is a trusted benchmark for corporate sustainability, assessing companies across environmental, social, and governance dimensions. For more details on the S&P Global Sustainability Yearbook 2025, visit About Firstsource Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company (NSE: FSL) (BSE: 532809) (Reuters: (Bloomberg: FSOL:IN), is a global leader providing transformational solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With an established presence in the US, the UK, India, Mexico, Australia, South Africa, and the Philippines, we make it happen for our clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Our real-world practitioners work collaboratively to deliver future-focused outcomes. ( Logo: View original content: Sign in to access your portfolio
