Welspun Living posts strong Q1 FY25 results

Welspun Living announced robust financial performance for the first quarter of FY25, defying global economic challenges. The company, a leading home textiles player and part of the Welspun Group, reported a 17 per cent year-on-year growth, driven by a 20 per cent increase in exports.

Despite supply chain disruptions and a volatile market, Welspun's emerging businesses showcased promising results. The company's flooring division continued its upward trajectory with increased capacity utilization.

In the domestic market, Welspun maintained its leadership position while expanding its retail footprint to over 21,000 stores. The company remains committed to sustainability and has joined the Reuters Vision 2045 campaign to promote eco-friendly practices.

Looking ahead, Welspun is investing Rs 30 crore in a new project through a special purpose vehicle in Odisha, signalling its intent to expand its operations within India.