Welspun Corp Ltd (WCL) has reported a remarkable 143% year-on-year surge in consolidated net profit, reaching ₹699.19 crore in the fourth quarter of FY25. The sharp increase was driven by cost optimization measures and operational efficiencies, despite a slight decline in revenue.
Financial Performance & Key Highlights
- Net profit: ₹699.19 crore, up from ₹287.28 crore in Q4 FY24.
- Revenue: ₹3,966.86 crore, compared to ₹4,543.70 crore in the same period last year.
- Expenses: Reduced to ₹3,639.32 crore from ₹4,292.37 crore in Q4 FY24.
- Dividend: The board has recommended a final dividend of ₹5 per equity share.
- Debt Reduction: Gross debt cut by ₹1,000 crore, despite a capex spend of ₹900 crore.
- Net Cash Reserves: ₹1,049 crore, making WCL a net cash company.
Robust Order Book & Expansion Plans
Welspun Corp’s order book has surpassed ₹19,500 crore, covering line pipes (India & US), ductile iron (DI) pipes, and stainless steel bars & pipes. The company’s US mill is fully booked for the next eight quarters, reflecting strong demand.
To meet growing market needs, WCL is investing ₹5,482 crore across India, the US, and Saudi Arabia, expanding capacities across multiple verticals. The company has also set a FY26 revenue target of ₹17,500 crore, a 25% increase from FY25.
Stock Market Reaction & Industry Outlook
Following the earnings announcement, Welspun Corp shares surged 9%, hitting an intraday high of ₹888.80 on the NSE. Investors responded positively to the company’s strong financials and aggressive expansion strategy.
With a solid order pipeline, strategic investments, and a strengthened balance sheet, Welspun Corp is well-positioned for sustained growth in the global pipe manufacturing sector.
