Welspun Corp Ltd approves Q2 FY27 results with consolidated net profit of ₹495.09 crore, up 11.6% YoY.
- Revenue was ₹4,643.72 crore, up 6.2% YoY and 13.8% QoQ; operating EBITDA margin was 17.28%.
- Net profit fell 52.8% QoQ, reflecting a ₹547.93 crore gain on sale of an associate recognised in Q1.
- Board approved a new U.S. spiral-pipe facility, investment in a Jordan pipe-manufacturing and coating project, and an Indian IFBE-coating JV.
- Reappointment of two independent directors is proposed, subject to shareholder approval; eight subsidiaries’ financial information was not reviewed by the principal auditor.