Shares of Welspun Corporation Ltd turned green on 7 May after the company announced securing an export order to deliver coated LSAW line pipes and bends. Since 5 February 2025, the company has received Rs 1,950 crore in additional orders for its India pipes factory.
The company’s consolidated worldwide order book now stands at Rs 1,9300 crore, with fresh orders scheduled for FY26 and FY27 execution.
Welspun Corp’s December quarter net profit increased by 127% to Rs 674.7 crore from the previous year’s Rs 297.9 crore. However, the company’s revenue from operations fell 23.9% to Rs 3,613.5 crore from Rs 4,749.7 crore in the previous fiscal year.
In the December quarter, the company’s Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) fell by 6.1% to Rs 434.4 crore from Rs 463 crore the previous year. Its EBITDA margin rose to 12% from 9.8% last year.
At 1:28 pm, the shares of Welspun Corp were trading 0.14% higher at Rs 484.20 on NSE.
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