Welspun Corp Ltd reports Q2 FY27 results and approves a USD 115 million US expansion and up to USD 125 million Jordan venture investment
- Q2 revenue was ₹4,643.72 crore, up 6.2% year on year; net profit rose 11.6% to ₹495.09 crore.
- Operating EBITDA margin was 17.28%, versus 19.73% in Q1 FY27 and 16.05% a year earlier.
- The Jordan pipe manufacturing and coating venture will be with Perma-Pipe; the Board also recommended four-year reappointments of Manish Chokhani and Anjani Kumar Agrawal, subject to shareholder approval.