Welspun Corp's Q2 FY 2025-26 Quarterly Results

Result Summary

• Welspun Corp Ltd reported a 22.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 31.0%.
• Its expenses for the quarter were up by 23.4% QoQ and 27.4% YoY.
• The net profit increased 27.0% QoQ and increased 56.7% YoY.
• The earnings per share (EPS) of Welspun Corp Ltd stood at 16.68 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Welspun Corp Ltd is a prominent player in the global infrastructure market, primarily known for its manufacturing and supply of pipes. The company operates in the steel pipes and tubes industry, catering to sectors such as oil and gas, water, and renewable energy. With a strong presence in both domestic and international markets, Welspun Corp Ltd has established itself as a leader in providing high-quality pipe solutions. While specific recent developments are not detailed here, the company continues to focus on innovation and expansion to meet the growing demands of the industry.

Revenue

In Q2FY26, Welspun Corp Ltd reported a total income of ₹4408.66 crores, which represents a significant quarter-over-quarter (QoQ) increase of 22.9% from the ₹3586.52 crores recorded in Q1FY26. Compared to the same quarter in the previous fiscal year (Q2FY25), where the total income was ₹3364.23 crores, there is a year-over-year (YoY) growth of 31.0%. This substantial increase in revenue indicates the company's enhanced ability to capture market opportunities and potentially expand its market share. The growth in total income suggests robust operational performance during this quarter.

Profitability

Welspun Corp Ltd's profitability demonstrates notable improvements. The profit before tax (PBT) for Q2FY26 amounted to ₹492.57 crores, marking a QoQ rise of 19.5% from ₹412.08 crores in Q1FY26. On a YoY basis, the PBT has surged by 76.9% from ₹278.39 crores in Q2FY25. The taxes paid in Q2FY26 were ₹144.98 crores, reflecting a QoQ increase of 29.6% and a YoY increase of 109.9%. Consequently, the profit after tax (PAT) for Q2FY26 stood at ₹443.51 crores, up 27.0% QoQ from ₹349.16 crores in Q1FY26, and up 56.7% YoY from ₹282.96 crores in Q2FY25. Earnings per share (EPS) also rose to ₹16.68, indicating a QoQ growth of 25.5% and a YoY increase of 52.5%.

Operating Metrics

The total expenses for Welspun Corp Ltd in Q2FY26 were ₹3916.09 crores, which is a 23.4% increase from ₹3174.44 crores in Q1FY26 and a 27.4% rise from ₹3074.90 crores in Q2FY25. The consistent increase in expenses aligns with the company's revenue growth, suggesting increased operational activities. The efficient management of expenses relative to revenue growth is reflected in the improved profit margins. The ability to manage costs effectively while scaling operations contributes to the company's enhanced profitability metrics.