Welspun Corp: Jal Jeevan Mission

 https://youtu.be/zpa5bWdRGCY?si=7jqS0qqRnN9w5-gr

  • In the interim budget, Jal Jeevan Mission got the highest share (INR 69,926 crore within the total budgetary allocation (INR 77,390 crore) to the Department of Drinking Water and Sanitation.  
  • Key Drivers - Saudi Arabia : EPIC’s well-established track record in the market, strong brand name and solid competitive advantages have resulted in the signing of a number of new contracts including a significant SAR 1 billion (~Rs 2,200 crore) contract awarded recently by SWCC
  • NET DEBT reduced to INR 503 crore at the end of 9MFY24 compared to INR 1,837 crore at the end of 9MFY23 driven by strong free cash-flows from the businesses
  • PAT: 9MFY24 it stood at INR 842 crore against a loss of INR 29 crore during the corresponding period previous year 

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