Award of a repeat export order for supply of 50 kms of LSAW Pipes and Bends
Awaiting price reaction for this filing.
Welspun Corp has secured a repeat export order to supply 50 kms of LSAW Pipes and Bends with anti-corrosion and CWC coating for a critical offshore project in the Middle East. This comes on top of additional orders received since its May 7, 2025 announcement, bringing cumulative fresh orders for its India pipes facility to approximately Rs 450 crore. The company highlighted its capability in handling sour service requirements as a key factor in winning the order. These orders are scheduled to be executed in FY26 and FY27.
Positive for shareholders — repeat export wins from a critical offshore project and Rs 450 crore in additional orders strengthen the order book and support revenue visibility over the next two financial years.