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Welspun Enterprises (NSE:WELENT) Net Income : ₹3,669 Mil (TTM As of Dec. 2023)


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What is Welspun Enterprises Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Welspun Enterprises's Net Income for the three months ended in Dec. 2023 was ₹716 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹3,669 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Welspun Enterprises's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹5.20.


Welspun Enterprises Net Income Historical Data

The historical data trend for Welspun Enterprises's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Welspun Enterprises Net Income Chart

Welspun Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,266.90 1,488.80 1,289.90 1,247.00 7,227.60

Welspun Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,007.00 1,415.00 917.70 620.30 715.50

Welspun Enterprises Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Welspun Enterprises's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=7414.3+-570.1+416.4+-32.999999999999
=7,228

Welspun Enterprises's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1355.2+-376.6+-179.4+-83.7
=716

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹3,669 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Welspun Enterprises  (NSE:WELENT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Welspun Enterprises's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Welspun Enterprises Net Income Related Terms

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Welspun Enterprises (NSE:WELENT) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Welspun House, Kamala Mills Compound, Lower Parel (west), Mumbai, MH, IND, 400 013
Welspun Enterprises Ltd is an India based company, engaged in the infrastructure (road and water) business. Through its subsidiaries, the company operates through the segments of Infrastructure and Oil and Gas. The company has developed and operates public-private partnership (PPP) projects in various sectors, such as roads, water, and urban infrastructure. The firm generates maximum revenue from the Infrastructure segment which involves undertaking of road construction and water supply projects.

Welspun Enterprises (NSE:WELENT) Headlines

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