Welspun Living Limited has informed the Exchange regarding Outcome of Board meeting held on July 30, 2025.
WELSPUNLIV · price
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Awaiting price reaction for this filing.
Welspun Living reported weak Q1 FY26 results with consolidated revenue falling 11.6% YoY to ₹2,289 crore, impacted by US tariff overhang. EBITDA dropped 35.4% to ₹254 crore, with margins compressing sharply by 409 basis points to 11.1%. Profit after tax halved to ₹88 crore (down 52.8% YoY), and EPS fell to ₹0.92 from ₹1.93. The Home Textile segment declined 11.1% while Flooring fell 15.1%, though domestic consumer business grew 9.5%. Net debt improved to ₹1,401 crore from ₹1,562 crore a year ago. The Board also approved a US$13 million (~₹112 crore) capital expenditure to set up a pillow manufacturing unit in Nevada, USA with 10.8 million pillow annual capacity, expected to generate ~US$50 million revenue at full utilisation by January 2026.
Sharp YoY decline in revenue, EBITDA and PAT signals near-term pressure from US tariffs and may weigh on the stock in the short term. However, the new Nevada plant capacity expansion and deleveraging (lower net debt) support the long-term growth story. Auditors (SRBC & Co LLP) issued a clean limited review with no qualifications.