Final Dividend on equity shares of the Company for the financial year ended 31 March 2026
WELCORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Welspun Corp's Board recommended a final dividend of Rs. 5 per equity share (100% on face value of Rs. 5) for FY2026, subject to shareholder approval at the ensuing AGM. For FY2026, consolidated revenue grew 20% to Rs. 16,770 crore, though net profit declined 15% to Rs. 1,620 crore compared to FY2025. Basic EPS stood at Rs. 61.23. The company also announced completion of capability enhancement at its Anjar plant (hybrid Spiral/LSAW facility) and additional coating capacity at Bhopal (3 million sq.mt p.a.). Additionally, the company sold its 26% stake in Clean Max Dhyuthi Private Limited to promoter group entity Welspun Living Limited for Rs. 760 lakhs.
The dividend recommendation signals stable cash flows and profitability, though the decline in net profit may warrant attention. Shareholders should note this is subject to AGM approval and no record date has been specified yet.