Welspun Living Q2 profit plunges 94% on US tariff drag; new CFO named

Management Changes View source PDF Explain this filing

WELSPUNLIV · price

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Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹138.20

prior close

₹139.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-0.6% vs market

Other Textile Products peers, median of 179sector-0.3%-0.7% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-2.5

15m

-1.6

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-0.4-0.6-0.3-0.7

Next day

+0.3-0.2+0.5-0.8+1.0

-0.1+0.5-0.5-0.5+0.4

+1.7-0.6+2.2-0.8+2.5

-1.2-1.0-0.2-1.2-0.0

+2.3-1.1+3.4-1.4+3.8

-3.8-2.9-0.8-3.3-0.4

15d

-1.3-3.1+1.8-4.3+3.0

-1.7-3.9+2.2-6.0+4.3

-11.9-5.3-6.6-10.3-1.7

+2.1-6.6+8.7-8.3+10.4

UpDownMarket · Nifty Smallcap 250Sector · Other Textile Products peers, median of 179Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Welspun Living Q2 FY26: revenue down 16.4% YoY at Rs 2,456 cr, EBITDA fell 60% to Rs 168 cr with margin at 6.8% versus 14.3%, PAT crashed 93.5% to Rs 13 cr on US tariff headwinds. Home textiles revenue down 14.4%, flooring down 27.4%. Net debt at Rs 1,570 cr. Board appointed new CFO Manish Bansal from Jan 1 2026, new Company Secretary, and two new Presidents; Saumil Mehta to resign Dec 31.

Likely market impact

Sharp earnings miss from US tariffs weighs on sentiment; leadership overhaul signals fresh strategy push but near-term outlook remains weak.