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Business Standard
29-05-2025
- Business
- Business Standard
Welspun Corp Q4 net profit surges 143% to ₹699 crore on lower costs
It had posted a net profit of Rs 287.28 crore in the January-March period of the preceding financial year, the company said in an exchange filing Press Trust of India New Delhi Welspun Corp Ltd (WCL) has posted over 143 per cent growth in consolidated net profit to Rs 699.19 crore in the March quarter, aided by a reduction in expenses. It had posted a net profit of Rs 287.28 crore in the January-March period of the preceding financial year, the company said in an exchange filing. However, WCL saw its income declining to Rs 3,966.86 crore in the fourth quarter of FY25, from Rs 4,543.70 crore in the same period a year ago. During the quarter under review, the company brought down its expenses to Rs 3,639.32 crore from Rs 4,292.37 crore in Q4 FY24. On a quarter-on-quarter basis, the net profit was around over 4 per cent higher compared to Rs 672.19 crore net profit earned in October-December FY25. In FY25, the net profit was down at Rs 1,902.28 crore, as against Rs 1,136.00 crore in FY24. The board of the company also recommended a final dividend of Rs 5 per equity share of face value of Rs 5 each for FY25, as per the stock exchange filing on Wednesday night. It further approved a proposal for raising funds by way of issuance of commercial papers (CPs)/ Non Covertible Debentures (NCDs) up to an amount not exceeding Rs 500 crore on a private placement basis. The company said it has traditionally used this for raising CPs/ NCDs for routine working capital requirements. The relevant details will be provided as and when the company issue the above securities. In FY25, the company said it made a gross debt reduction of Rs 1,000 crore, in spite of capex spend of Rs 900 crore. It also became a net cash company with Rs 1,049 crore in net cash reserves. WCL said its revenue guidance for FY26 is Rs 17,500 crore, 25 per cent higher from Rs 13,977.54 crore revenues garnered in FY25. It has a robust order book worth more than Rs 19,500 crore, including line pipes (India & US), ductile iron (DI) pipes and stainless steel bars & Pipes. The US mill book is booked for the next 8 quarters. The company is in process of investing Rs 5,482 crore in India, US and Kingdom of Saudi Arabia to increase capacities across verticals. Homegrown WCL is the flagship company of Welspun World, with a diverse business portfolio in pipe solutions and building materials. The company is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for both onshore and offshore applications. It also manufactures ductile iron (DI) pipes and stainless steel pipes, tubes and bars.
Time of India
29-05-2025
- Business
- Time of India
Welspun Corp Q4 Results: Net profit jumps 143% to Rs 699.19 cr; orderbook crosses Rs 19,500 cr level
Welspun Corp Ltd (WCL) has posted over 143 per cent growth in consolidated net profit to Rs 699.19 crore in the March quarter, aided by a reduction in expenses. It had posted a net profit of Rs 287.28 crore in the January-March period of the preceding financial year, the company said in an exchange filing. However, WCL saw its income declining to Rs 3,966.86 crore in the fourth quarter of FY25, from Rs 4,543.70 crore in the same period a year ago. During the quarter under review, the company brought down its expenses to Rs 3,639.32 crore from Rs 4,292.37 crore in Q4 FY24. On a quarter-on-quarter basis, the net profit was around over 4 per cent higher compared to Rs 672.19 crore net profit earned in October-December FY25. Live Events In FY25, the net profit was down at Rs 1,902.28 crore, as against Rs 1,136.00 crore in FY24. The board of the company also recommended a final dividend of Rs 5 per equity share of face value of Rs 5 each for FY25, as per the stock exchange filing on Wednesday night. It further approved a proposal for raising funds by way of issuance of commercial papers (CPs)/ Non Covertible Debentures (NCDs) up to an amount not exceeding Rs 500 crore on a private placement basis. The company said it has traditionally used this for raising CPs/ NCDs for routine working capital requirements. The relevant details will be provided as and when the company issue the above securities. In FY25, the company said it made a gross debt reduction of Rs 1,000 crore, in spite of capex spend of Rs 900 crore. It also became a net cash company with Rs 1,049 crore in net cash reserves. WCL said its revenue guidance for FY26 is Rs 17,500 crore, 25 per cent higher from Rs 13,977.54 crore revenues garnered in FY25. It has a robust order book worth more than Rs 19,500 crore, including line pipes (India & US), ductile iron (DI) pipes and stainless steel bars & Pipes. The US mill book is booked for the next 8 quarters. The company is in process of investing Rs 5,482 crore in India, US and Kingdom of Saudi Arabia to increase capacities across verticals. Homegrown WCL is the flagship company of Welspun World , with a diverse business portfolio in pipe solutions and building materials. The company is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for both onshore and offshore applications. It also manufactures ductile iron (DI) pipes and stainless steel pipes, tubes and bars. PTI ETMarkets WhatsApp channel )
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Business Standard
15-05-2025
- Business
- Business Standard
Welspun Enterprises Q4 results: PAT jumps 36% to ₹105 cr on higher income
Welspun Enterprises Limited (WEL) has reported a 36 per cent rise in consolidated net profit to Rs 105.49 crore in the March quarter, on account of higher revenues. It had posted a net profit of Rs 77.67 crore in the year-ago period, the company said in an exchange filing. The company's total income increased to Rs 1,075.95 crore from Rs 866.70 crore a year earlier. For the entire FY25, the net profit rose to Rs 353.83 crore from Rs 319.40 crore in FY24. Income rose to Rs 3,792.59 crore from Rs 3,063.31 crore FY24. WEL, a part of Welspun World, is an infrastructure development company focusing on water, wastewater, and transport segments.
Economic Times
15-05-2025
- Business
- Economic Times
Welspun Enterprises Q4 Results: Profit grows 36% to Rs 105 crore
Welspun Enterprises Limited (WEL) has reported a 36 per cent rise in consolidated net profit to Rs 105.49 crore in the March quarter, on account of higher revenues. It had posted a net profit of Rs 77.67 crore in the year-ago period, the company said in an exchange filing. ADVERTISEMENT The company's total income increased to Rs 1,075.95 crore from Rs 866.70 crore a year earlier. For the entire FY25, the net profit rose to Rs 353.83 crore from Rs 319.40 crore in FY24. Income rose to Rs 3,792.59 crore from Rs 3,063.31 crore FY24. WEL, a part of Welspun World, is an infrastructure development company focusing on water, wastewater, and transport segments. (You can now subscribe to our ETMarkets WhatsApp channel)
