Welspun Investments Approves Unaudited Financial Results for Quarter Ending June 30, 2026
Welspun Investments and Commercials Limited (WICL) announced that its Board of Directors approved the Unaudited Financial Results for the quarter ended June 30, 2026. The results were reviewed and recommended by the Audit Committee, and a Limited Review Report from the company's auditors was also attached to the announcement.The Board meeting concerning these results took place on August 04, 2026.
Financial Performance Overview
The Unaudited Financial Results detail various revenue streams, expenses, and comprehensive income metrics for the specified periods. The figures are presented in lakhs.| Particulars | Qtr Ended 30/06/2026 (Unaudited) | Qtr Ended 31/03/2026 (Audited) | Qtr Ended 30/06/2025 (Unaudited) | Year Ended 31/03/2026 (Audited) |
|---|---|---|---|---|
| Interest income | 12.16 | 11.80 | - | 31.05 |
| Dividend income | - | - | - | 480.46 |
| Net gain/ (loss) on fair value changes | 0.59 | 1.35 | 3.96 | 8.35 |
| Total revenue from operations | 12.75 | 13.15 | 3.96 | 519.86 |
| Other income | 0.40 | 0.35 | - | 2.53 |
| Total income | 13.15 | 13.50 | 3.96 | 522.39 |
| Employee benefits expenses | 20.99 | 21.34 | 17.43 | 79.25 |
| Other expenses | 6.96 | 9.86 | 6.20 | 36.98 |
| Total expenses | 27.95 | 31.20 | 23.63 | 116.23 |
| Profit before tax and exceptional item | (14.80) | (17.70) | (19.67) | 406.16 |
| Total tax expense | (0.08) | 4.56 | (0.57) | (103.10) |
| Profit for the period / year | (14.88) | (13.14) | (20.24) | 303.06 |
Auditor's Review and Notes
The independent auditor, CNK & Associates LLP Chartered Accountants, conducted a review of the Statement in accordance with Standard on Review Engagements (SRE.) 2410, aiming to obtain moderate assurance regarding the material misstatement-free nature of the results.Key points from the report include:
- The Statement was prepared according to Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34).
- The review concluded that nothing came to their attention that suggests the unaudited financial results contain material misstatement or lack required disclosure as per regulation requirements.
- The company's primary business is investment activities and operates in a single domestic geographical segment.
Comparative data includes results from the quarter ended June 30, 2025, which were reviewed by the erstwhile firm of statutory auditors.
WELINV Stock Price Movement
Today, Welspun Investments and Commercials Limited saw its stock edges higher, settling at ₹1900.00 after gaining 1.61%. The equity traded within a range of ₹1812.1 to ₹1949 during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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