As per Welspun Corp Limited’s unaudited results for the quarter ended December 31, 2025, the company reported strong revenue growth driven by steady performance in its core steel products segment. The Board approved the results at its meeting held on January 30, 2026.
Welspun Corp recorded a healthy rise in revenue during the December quarter, supported by higher execution and improved operational efficiency. However, profitability declined year-on-year due to margin pressures.
| Metric | Q3 FY26 | Q3 FY25 | YoY Change |
| Revenue From Operations | ₹4,532.48 crore | ₹3,613.51 crore | +25.4% |
| Total Income | ₹4,562.04 crore | ₹3,656.57 crore | +24.8% |
| Net Profit | ₹456.36 crore | ₹672.19 crore | -32.1% |
| EPS (Basic) | ₹17.17 | ₹25.73 | -33.3% |
For the nine months ended December 31, 2025, Welspun Corp maintained strong momentum. Revenue growth remained robust, while net profit showed modest improvement compared to the previous year.
| Metric | 9M FY26 | 9M FY25 | YoY Change |
| Total Income | ₹12,557.22 crore | ₹10,200.47 crore | +23.1% |
| Revenue From Operations | ₹12,457.58 crore | ₹10,052.57 crore | +23.9% |
| Net Profit | ₹1,249.03 crore | ₹1,203.09 crore | +3.8% |
The steel products segment remained the key growth driver for the company. Higher volumes and better execution helped improve segment profitability.
| Segment | Q3 FY26 Revenue | Q3 FY25 Revenue | Growth |
| Steel Products | ₹4,381.03 crore | ₹3,464.07 crore | +26.5% |
| Others | ₹151.45 crore | ₹149.44 crore | +1.3% |
During the quarter, the company allotted 1,83,750 equity shares under employee stock options, taking the paid-up share capital to ₹131.90 crore. Welspun Corp also expanded its global presence by incorporating two new subsidiaries in GIFT City, Gujarat, and Dubai International Financial Centre.
Welspun Corp strengthened its balance sheet with lower leverage and improved margins.
| Key Ratio | Q3 FY26 | Q3 FY25 |
| Debt-Equity Ratio | 0.17 | 0.33 |
| Current Ratio | 1.32 | 1.54 |
| Operating EBITDA Margin | 15.77% | 14.18% |
| Net Profit Margin | 10.07% | 18.60% |
The company’s net worth rose to ₹8,869.62 crore as of December 31, 2025, reflecting its stable financial base.
Read more: Adani Gas Q3 FY26 Earnings Results Out: Revenue Jumps 19%, Volumes and Network Expand Strongly.
Welspun Corp’s Q3 FY26 results highlighted strong operational execution and revenue growth, led by the steel products segment. While quarterly profitability declined, the company maintained a healthy balance sheet and steady nine-month performance. Its focus on global expansion and financial discipline continues to support long-term stability.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Jan 30, 2026, 2:33 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
