On July 24, 2026, Welspun Corp Limited announced its unaudited consolidated financial results for the quarter ending June 30, 2026, as per the exchange filings.
The company reported a total income of ₹4,144.91 crore and net profit of ₹1,047.88 crore for the quarter ending June 30, 2026.
In the June 2026 quarter, Welspun Corp Limited's total income stood at ₹4,144.91 crore, marking a 15.6% increase from the previous year's figure of ₹3,586.52 crore.
However, this represents a 4.7% decline from the March 2026 quarter, where the total income was ₹4,348.17 crore.
The company's net profit (PAT) for the June 2026 quarter surged by 200.1% YoY to ₹1,047.88 crore, up from ₹349.16 crore in the corresponding quarter of the previous year.
This also reflects a 182.1% increase from the March 2026 quarter, where the net profit was ₹371.46 crore.
For the financial year 2026, Welspun Corp Limited reported a total income of ₹16,905.39 crore. The net profit (PAT) for the year stood at ₹1,620.49 crore, showcasing the company's financial health over the fiscal year.
A primary driver behind this quarter's massive bottom-line expansion was a highly lucrative international share sale.
During the quarter, Welspun Mauritius Holdings Limited (a wholly-owned subsidiary) divested 14,17,280 shares of East Pipes Integrated Company for Industry (EPIC) on the Saudi Tadawul Stock Exchange.
The negotiated block trades were executed with financial investors for a total consideration of SAR 283.46 million (equivalent to USD 75.59 million or ₹723.55 crore).
Consequently, the company successfully pocketed a one-time net profit on the sale of associate shares amounting to ₹547.93 crore.
In a major corporate development aimed at securing clean electricity channels, the board greenlit a significant domestic transaction.
Welspun Corp will acquire an additional 51% equity stake in Welspun Captive Power Generation Limited (WCPGL) from promoter-group firm Welspun Living Limited.
The related-party transaction, priced at an arms-length cash consideration of ₹67.66 crore, involves purchasing 1,50,64,213 equity shares.
Upon statutory clearance, Welspun Corp’s aggregate holding in WCPGL will jump from 23% to 74%, officially transforming the power generator into a direct subsidiary to meet internal plant requirements.
Looking to unlock value from industrial by-products, the board approved an initial financial layout to establish a new corporate associate entity. Welspun Corp will deploy a cash investment of ₹26,000 to subscribe to a 26% equity stake (comprising 2,600 shares) in a proposed Indian company.
Setting up under the provisional holding vehicle Slagexcel Private Limited, the green-field venture will focus on manufacturing and dealing in Ground Granulated Blast Furnace Slag (GGBS).
This processing framework relies on advanced slag granulation technologies to cater to the sustainable construction materials market.
As of July 24, 2026, at 3:09 PM, Welspun Corp share price on NSE was trading at ₹1,595.20 down by 1.09% from the previous closing price.
Welspun Corp Limited's financial results for the June 2026 quarter show a 15.6% YoY rise in total income to ₹4,144.91 crore, with net profit increasing by 200.1% YoY to ₹1,047.88 crore. The annual total income for FY26 was ₹16,905.39 crore, with a net profit of ₹1,620.49 crore.
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Published on: Jul 24, 2026, 4:12 PM IST
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