Welspun Corp Ltd. is one of the flagship companies of Welspun Group. It is a leading manufacturer of large diameter pipes globally, offering a one-stop solution for all line pipe related requirements with its wide range of high grade line pipes. These pipes are used for offshore and onshore transmission of oil, gas and water. It is among the Largest Welded Line Pipe manufacturing companies in the world.
Operations situated in India can produce a total of 1,650 KMTPA (Kilo Metric Tonnes Per Annum) followed by US operations and Saudi operations with capacities of 525 KTPA and 375 KTPA respectively.
- Welspun Corp Ltd reported Total revenue for Q4 FY23 of ₹4,070 Crore, up from ₹2,011 Crore year on year depicting a growth of 102%.
- Total Expenses for Q4 FY23 of ₹3,650 Crore up, from ₹1,940 Crore year on year, a growth of 88%.
- Consolidated Net Profit of ₹240 Crore, down 9% from ₹264 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹9.02, down 0.33% from ₹9.05 in the same quarter of the previous year.