For the third quarter Welspun’s net sales were Rs 459.47 crores as compared to Rs 290.39 crores during the earlier period. Net profit was Rs 43.39 crores for the quarter as against Rs 30.97 crores for the earlier quarter. EPS was Rs 2.91 for the quarter as compared to Rs 2.08 for the earlier quarter.

For the whole year, net sales were Rs 459.47 crores as compared to Rs 324.28 crores during the previous year. Net profit for the year was Rs 43.39 crores as against Rs 15.54 crores for the earlier year. EPS for the year was Rs.2.91 as compared to Rs 1.03 for the earlier year.

For the nine month period net sales were Rs 1129.90 crores as compared to Rs 750.08 crores during the earlier period. Net profit for the nine month period was Rs 97.14 crores as against Rs 44.13 crores for the earlier period. EPS was Rs 6.53 for the nine month period as compared to Rs 2.98 for the earlier nine month period.

Welspun is looking to double its revenues in five years. The company sells home textiles, including rugs, towels and bed sheets, to international retailers. Welpsun also has the Christy’s brand, which sells the iconic Wimbledon towels.