India's Welspun Living posts Q2 profit surge on higher demand for home linens

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BENGALURU, Oct 25 (Reuters) - India's Welspun Living (WLSP.NS) reported a multi-fold rise in its second-quarter profit on Wednesday, boosted by strong demand for its bed and bath linens...

The company's consolidated net profit rose to 1.97 billion rupees ($23.6 million) from 86.7 million rupees in the corresponding quarter a year ago, the home textile maker said in an exchange filing...

Rising demand among urban consumers and a reduction in inventory have helped profitability at home textile companies, analysts said..

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