Welspun Corp Limited has informed the Exchange regarding a press release dated July 29, 2025, titled "Press Release".
WELCORP · price
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Welspun Corp announced its Q1FY26 (quarter ended June 30, 2025) consolidated results, posting its highest-ever quarterly EBITDA of Rs 560 crore, with annualized ROCE at 24%. Total income grew ~13% year-on-year, EBITDA rose ~35% YoY, and profit after tax jumped 41% YoY. The company has a robust order book of around Rs 19,000 crore spanning line pipes, ductile iron pipes, and stainless steel bars & pipes, with the US mill fully booked for the next two years. Despite capex spend of Rs 450 crore during the quarter, Welspun maintained a net cash position with Rs 600 crore in cash and bank balances. Management stated the quarter's performance is in line with its full-year FY26 guidance, and strategic expansion projects in India, USA, and Saudi Arabia are progressing well.
Strong broad-based growth across revenue, profitability, and order book, combined with net cash position and on-track guidance, signals healthy operational momentum. Likely positive sentiment for shareholders; expansion in core markets (India, USA, Saudi Arabia) offers future growth visibility.