Analysts will watch out the trend on freight costs and employee expenses as these make for a chunk of the total expenditure for the company. In the second quarter, freight handling and services cost rose 24% on year to Rs 1,436 crore. Staff expenses on the other hand, declined nearly 21% on year to Rs 353 crore.
Welspun Living shares rally 11% after Q1 profit jumps 85% YoY. Should you buy, sell, or hold?
In a notable rise, Welspun Living shares gained traction following the announcement of solid Q1FY27 earnings, showcasing an eighty-five percent increase in profit year-on-year and