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  • Expect domestic biz to be around 20% of revenues in five years: Welspun

    Our growth strategy for domestic business is in place. We have an entire team for that, said Altaf Jiwani, CFO, Welspun India

  • Hope to maintain 22-23% margin over next 3 years: Welspun India

    Hope to maintain 22-23% margin over next 3 years: Welspun India

    Indian textiles will gain from the protectionist stance of US President Donald Trump against China as the country is the largest cotton manufacturer in the world and has the advantage of surplus cotton compared to others, Altaf Jiwani of Welspun India told CNBC-TV18.

  • Will continue to have double-digit growth next year: Welspun

    Will continue to have double-digit growth next year: Welspun

    In an interview to CNBC-TV18 Altaf Jiwani, CFO at Welspun India spoke about the company's second quarter performance and outlook for the coming quarters.

  • Welspun issue spillover not a concern for Indo Count, says ED

    Welspun issue spillover not a concern for Indo Count, says ED

    None of Indo Count‘s clients have asked for clarification on quality, says Kailash Lalpuria, Executive Director the company adding that a robust system is already in place for quality control.

  • Welspun crisis unlikely to affect textile stocks: Capital Mind

    Welspun crisis unlikely to affect textile stocks: Capital Mind

    The recent scrutiny into Indian textiles sector following Target severing ties with Welspun over wrongly labelled cotton sheets will only benefit the country‘s textile segment, said Deepak Shenoy, Founder of Capital Mind.

  • Target fiasco to affect Welspun's other global clients: Baliga

    Target fiasco to affect Welspun's other global clients: Baliga

    The management's comment, that it will be appointing auditors soon to look into the issue, is a damage control exercise to buy more time, says Baliga.

  • See mid-teen sales growth, 22-23% margins ahead: Welspun India

    See mid-teen sales growth, 22-23% margins ahead: Welspun India

    Welspun India reported a 10.3 percent jump in its net profit to Rs 201.9 crore and 14.3 percent rise in its total income to Rs 1,592.6 crore in the first quarter of FY17. The company‘s margins expanded to 26.5 percent.

  • Aim to be debt-free with $2 bn sales by 2020: Welspun

    Aim to be debt-free with $2 bn sales by 2020: Welspun

    Welspun is betting on innovation and branded products to drive margins, which Dipali Goenka, CEO & joint-managing director of the company says, will be around 22-24 percent going forward.

  • Have invested Rs 2000cr towards capex: Welspun India

    Have invested Rs 2000cr towards capex: Welspun India

    In an interview with CNBC-TV18, Dipali Goenka, CEO and Joint MD, Welspun India, outlined her view on the state of business and outlook going forward.

  • Confident of sustaining margins at current levels: Welspun India

    Confident of sustaining margins at current levels: Welspun India

    In an interview with CNBC-TV18, Dipali Goenka, CEO & Joint MD of Welspun India, said the company was confident of maintaining margins at current levels of around 27 percent and achieve full year revenue growth of 13-17 percent.

  • Expect PAT to grow in mid teens till 2017: Welspun India

    Expect PAT to grow in mid teens till 2017: Welspun India

    In an interview with CNBC-TV18, Director Dipali Goenka told CNBC-TV18 that muted revenue growth in the second quarter was because of the base effect and that she expects growth to pick up as two brownfield projects come on.

  • Eye 22% margins, growth in FY15, 16: Welspun India

    Eye 22% margins, growth in FY15, 16: Welspun India

    Dipali Goenka, executive director, Welspun India says the company‘s vertical integration has aided margins and aims to maintain the same at 22 percent.

  • Aim 70% vertical integration with new facility: Welspun

    Aim 70% vertical integration with new facility: Welspun

    Welspun India is planning a Rs 15,000-crore capex on home textiles and renewable energy over 3 years and has recently commissioned 170,000 spindle spinning facility in Anjar, Gujarat.

  • Backward integration to boost EBITDA margin: Welspun India

    Backward integration to boost EBITDA margin: Welspun India

    Welspun India hopes to improve operating margins going ahead as the company has plans to spend Rs 1000 crore on backward integration.

  • Expect FY14 sales to be around 20%: Welspun India

    Expect FY14 sales to be around 20%: Welspun India

    In an interview to CNBC-TV18, Rajesh Mandawewala, MD, Welspun India said almost 95 percent of their revenues come from international markets and 16 of the top 20 retailers are their customers.

  • Welspun Infra acquires 35% stake in Leighton Contractors

    Welspun Infra acquires 35% stake in Leighton Contractors

    Pervez Umrigar of Welspun Infratech, in an interview with CNBC-TV18’s Sonia Shenoy, spoke about the latest acquisition that they have planned and future plans road ahead.

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