Results - Announcements
Welspun Corp Ltd share price declined by 2.40% to Rs 2502.15 after the company's net profit plunged by 52.75% to Rs 495.09 crore, while revenue from operations edged up 13.79% to Rs 4643.72 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.26 lakh crore, gaining 4.77%. It has improved by 4.18% over last one week and moving up by 12.56% in last one month while the market capitalization of Welspun Corp Ltd has marginally improved by 4.61% and 51.35% in the same period respectively.
Profit before tax (PBT) of Welspun Corp Ltd stood at Rs 655.58 crore in Q3 FY26, advancing by 11.40% year-on-year, and tanking 45.69% quarter-on-quarter. EBITDA came in at Rs 672 crore, jumping 20.84% YoY and easing 6.90% sequentially.
Total expenses rose by 15.17% to Rs 4046.47 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 2910.82 crore, soaring by 24.82% YoY, while employee benefits expense was at Rs 304.65 crore, softening 2.86% YoY.
For the TTM ended FY26, revenue from operations improved 19.98% to Rs 16770.14 crore, while net profit fell 14.81% to Rs 1620.49 crore, compared to previous TTM. EBITDA soared by 148087% to Rs 2100.39 crore, and PBT saw a marginal contraction of 5.10% to Rs 2146.51 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 3204.28 crore in FY26, as against Rs 1503.67 crore in FY25.
Welspun Corp Ltd surged by 175.93% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.76% during the same period.