Welspun Corp stock drops 8% on lower-than-expected FY25 guidance
Welspun Corp's stock dropped 8% on Friday due to lower-than-expected guidance for FY25. The company reported a 19.7% YoY increase in net profit for Q4FY24, with revenue growing by 9.6%. EBITDA decreased by 21.9% in Q4FY24 compared to the previous year.
DNA News Desk
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Welspun Corp's stock dropped 8% on Friday due to lower-than-expected guidance for FY25. The company reported a 19.7% YoY increase in net profit for Q4FY24, with revenue growing by 9.6%. EBITDA decreased by 21.9% in Q4FY24 compared to the previous year.
