WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard.
Financial Results:
Welspun Corp Ltd reported Revenues for Q3FY25 of ₹3,614.00 Crores down from ₹4,750.00 Crore year on year, a fall of 23.92%.
Total Expenses for Q3FY25 of ₹3,351.00 Crores down from ₹4,439.00 Crores year on year, a fall of 24.51%.
Consolidated Net Profit of ₹672.00 Crores up 128.57% from ₹294.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹25.72, up 130.67% from ₹11.15 in the same quarter of the previous year.