Welspun Corp Ltd reports Q2 FY27 net profit of ₹495.09 crore, up 11.6% year on year
- Revenue rose 6.2% year on year to ₹4,643.72 crore; operating EBITDA margin was 17.28%, versus 16.05% a year earlier.
- Net profit fell 52.8% sequentially; Q1 included a ₹547.93 crore gain on sale of an associate’s shares, while Q2 had no exceptional item.
- Board approved a USD 115 million US pipe-capacity expansion, up to USD 125 million investment in a Jordan manufacturing and coating partnership, and an Indian internal-coating JV.
- Limited-review reports were unmodified; certain subsidiaries’ and associates’ financial information had not been reviewed by the principal auditor.