With the new orders, its current consolidated global order book stands at ₹1,9300 crore, the company said, adding that the orders will be executed in FY26 and FY27.
Welspun Corp reported a 127% increase in its December quarter net profit to ₹674.7 crore from the previous year’s ₹297.9 crore. Its revenue from operations declined 23.9% to ₹3,613.5 crore against ₹4,749.7 crore in the last fiscal.
The company’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) too declined 6.1% to ₹434.4 crore in the December quarter from ₹463 crore in the year-ago period. Its EBITDA margin expanded to 12% from 9.8% last year.
Welspun Corp shares were trading flat at ₹809.75 apiece at 11.50 am on Monday, March 17. The stock has gained 10.22% in the past month.
Welspun Corp shares ended the previous session 1.74% lower at 753.9 apiece.
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