Welspun Corp quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	4,644	4,374	+6.2%
EBITDA	727	591	+22.9%
EBITDA margin	15.7%	13.5%	+2.1 pts
Profit before tax	614	493	+24.6%
Net profit	495	444	+11.6%
EPS	₹18.91	₹16.70	+13.2%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	4,644	4,081	4,313	4,532	4,374	3,551	3,925	3,614	3,302	3,137	4,461	4,750	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	54.8	63.8	35.6	29.6	35.1	35.0	41.9	43.1	62.4	42.4	82.5	8.5
	4,699	4,145	4,348	4,562	4,409	3,587	3,967	3,657	3,364	3,180	4,544	4,758
	2,911	2,332	2,491	2,762	2,767	2,761	2,895	2,149	2,284	2,247	2,602	3,226
	8.0	2.6	42.1	15.6	11.9	12.4	4.2	12.1	0.0	15.7	38.6	1.5
	−118	−3.6	145	70.6	−77.4	−743	−401	159	−227	−269	620	82.5
	305	314	323	329	309	285	268	254	261	220	235	249
	38.4	45.2	49.0	50.7	49.4	63.2	87.5	82.3	83.5	66.4	74.6	62.5
	129	125	93.0	92.5	84.2	84.8	87.0	90.0	89.2	84.8	86.8	89.6
	811	744	808	739	771	711	698	604	584	549	636	727
	4,085	3,559	3,951	4,060	3,916	3,174	3,639	3,351	3,075	2,915	4,292	4,439
	727	692	504	616	591	525	460	434	400	374	330	463
	597	568	411	523	507	440	373	344	310	289	243	373
Profit
	614	586	397	502	493	412	328	305	289	265	251	319
	0.0	0.0	0.0	0.0	0.0	0.0	477	0.1	−10.9	0.0	0.0	0.0
	614	586	397	502	493	412	804	305	278	265	251	319
	−57.8	177	−85.9	132	147	113	125	77.0	52.8	39.6	42.0	58.3
	218	−17.6	218	4.9	−1.7	−1.4	30.6	0.2	16.3	17.7	17.8	20.7
	160	159	133	137	145	112	156	77.2	69.1	57.3	59.8	79.0
	41.9	621	107	90.9	95.9	49.0	51.2	444	73.6	40.1	95.8	53.3
	495	1,048	371	456	444	349	699	672	283	248	287	294
	453	427	265	365	348	300	648	228	209	208	192	240
	59.9	−5.5	169	52.4	78.4	−9.0	−5.3	45.8	3.5	−0.9	3.5	−3.6
	555	1,042	540	509	522	340	694	718	286	247	291	290
	499	1,046	370	453	440	350	698	675	287	248	268	292
	−3.5	1.4	1.1	3.8	3.8	−1.3	0.9	−2.5	−4.0	−0.2	18.8	1.8
Per share
	₹18.91	₹39.68	₹14.04	₹17.17	₹16.70	₹13.32	₹26.63	₹25.73	₹10.97	₹9.49	₹10.26	₹11.16
	₹18.89	₹39.65	₹14.04	₹17.16	₹16.68	₹13.29	₹26.50	₹25.60	₹10.94	₹9.46	₹10.23	₹11.13
Other comprehensive income — detail
	59.9	−5.5	169	52.4	78.4	−9.0	−5.3	—	—	—	—	—
	−3.0	1.6	−122	−2.3	−0.7	−0.9	−2.2	—	—	2.2	−1.7	—
	−1.1	0.1	6.7	0.1	−0.0	−0.3	−0.3	—	—	—	—	—
	—	—	—	—	—	—	—	1.5	2.9	1.3	−0.5	−0.8
	60.2	−1.4	287	61.1	72.9	−15.3	−1.8	—	—	−2.0	5.6	—
	−1.6	5.7	−11.5	6.3	−6.2	−6.9	1.6	—	—	—	—	—
	—	—	—	—	—	—	—	−47.4	−6.5	−0.1	0.9	4.4
	559	1,041	539	506	518	341	692	719	292	247	271	288
	−3.6	1.6	1.1	3.0	3.9	−0.9	1.9	−1.3	−5.6	−0.0	19.4	1.8
Per share — as-filed variants
	₹18.91	₹39.68	₹14.04	₹17.17	₹16.70	₹13.32	₹26.63	₹25.73	₹10.97	₹9.49	₹10.26	₹11.16
	₹18.89	₹39.65	₹14.04	₹17.16	₹16.68	₹13.29	₹26.50	₹25.60	₹10.94	₹9.46	₹10.23	₹11.13
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	1,842	1,750	1,635	1,684	1,672	1,521	1,427	1,293	1,245	1,143	1,201	1,439
	39.7%	42.9%	37.9%	37.2%	38.2%	42.8%	36.4%	35.8%	37.7%	36.4%	26.9%	30.3%
Adjusted (ex-exceptional items) — derived
	614	586	397	502	493	412	328	305	289	265	251	319
	0.0	0.0	0.0	0.0	0.0	0.0	477	0.1	−10.9	0.0	0.0	0.0
	495	1,048	371	456	444	349	315	672	291	248	287	294
	₹18.91	₹39.68	₹14.04	₹17.17	₹16.70	₹13.32	₹12.00	₹25.73	₹11.29	₹9.49	₹10.26	₹11.16

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

WELCORP₹2,405.00

Welspun Corp Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersJINDALSAW RATNAMANI INOXWIND KAYNES BEML DATAPATTNS GPIL GRSEMcap ₹63,444 Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	4,749.7	4,461.2	3,137.2	3,301.8	3,613.5	3,925.0	3,551.5	4,373.6	4,532.5	4,312.6	4,081.1	4,643.7
Other Income	8.5	82.5	42.4	62.4	43.1	41.9	35.0	35.1	29.6	35.6	63.8	54.8
Total Income	4,758.2	4,543.7	3,179.7	3,364.2	3,656.6	3,966.9	3,586.5	4,408.7	4,562.0	4,348.2	4,144.9	4,698.6
Expenses
+ Cost of Materials Consumed	3,226.4	2,602.1	2,247.3	2,284.2	2,149.4	2,895.2	2,761.4	2,767.4	2,762.0	2,490.6	2,331.9	2,910.8
+ Purchases of Stock-in-Trade	1.5	38.6	15.7	0.0	12.1	4.2	12.4	11.9	15.6	42.1	2.6	8.0
+ Changes in Inventories	82.5	619.9	-268.6	-227.0	159.1	-401.3	-743.0	-77.4	70.6	144.8	-3.6	-117.5
+ Employee Benefit Expense	249.1	234.7	219.8	260.7	254.2	268.3	285.1	309.4	329.2	322.8	313.6	304.7
+ Finance Costs	62.5	74.6	66.4	83.5	82.3	87.5	63.2	49.4	50.7	49.0	45.2	38.4
+ Depreciation & Amortisation	89.6	86.8	84.8	89.2	90.0	87.0	84.8	84.2	92.5	93.0	124.6	129.5
+ Other Expenses	727.2	635.7	549.0	584.4	604.2	698.4	710.7	771.2	739.5	808.4	744.2	811.0
Total Expenses	4,438.8	4,292.4	2,914.5	3,074.9	3,351.4	3,639.3	3,174.4	3,916.1	4,060.0	3,950.7	3,558.5	4,084.9
EBITDA	463.0	330.2	374.0	399.6	434.5	460.2	525.0	591.1	615.7	503.8	692.3	726.7
EBIT	373.4	243.4	289.1	310.4	344.4	373.2	440.2	506.9	523.2	410.8	567.8	597.3
Profit
PBT before Exceptional Items	319.4	251.3	265.2	289.3	305.2	327.5	412.1	492.6	502.1	397.4	586.4	613.7
+ Exceptional Items	0.0	0.0	0.0	-10.9	0.1	476.5	0.0	0.0	0.0	0.0	0.0	0.0
Pretax Income	319.4	251.3	265.2	278.4	305.3	804.0	412.1	492.6	502.1	397.4	586.4	613.7
+ Current Tax	58.3	42.0	39.6	52.8	77.0	125.4	113.3	146.7	131.7	-85.9	176.9	-57.8
+ Deferred Tax	20.7	17.8	17.7	16.3	0.2	30.6	-1.4	-1.7	4.9	218.4	-17.6	218.3
Tax Expense	79.0	59.8	57.3	69.1	77.2	156.0	111.9	145.0	136.6	132.6	159.3	160.5
+ Share of Associates & JVs	53.3	95.8	40.1	73.6	444.1	51.2	49.0	95.9	90.9	106.6	620.8	41.9
Net Income	293.7	287.3	247.9	283.0	672.2	699.2	349.2	443.5	456.4	371.5	1,047.9	495.1
+ Net Income — Continuing Ops	240.4	191.5	207.9	209.3	228.1	648.0	300.2	347.6	365.5	264.9	427.1	453.2
+ Other Comprehensive Income	-3.6	3.5	-0.9	3.5	45.8	-5.3	-9.0	78.4	52.4	169.0	-5.5	59.9
Total Comprehensive Income	290.2	290.8	247.0	286.5	718.0	693.9	340.2	521.9	508.8	540.4	1,042.4	555.0
Net Income to Common	291.9	268.5	248.2	287.0	674.7	698.3	350.4	439.7	452.6	370.4	1,046.5	498.6
Minority Interest	1.8	18.8	-0.2	-4.0	-2.5	0.9	-1.3	3.8	3.8	1.1	1.4	-3.5
Per Share
Basic EPS	11.16	10.26	9.49	10.97	25.73	26.63	13.32	16.70	17.17	14.04	39.68	18.91
Diluted EPS	11.13	10.23	9.46	10.94	25.60	26.50	13.29	16.68	17.16	14.04	39.65	18.89
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-5.3	-9.0	78.4	52.4	169.0	-5.5	59.9
+ Items NOT to be Reclassified to P&L	—	-1.7	2.2	—	—	-2.2	-0.9	-0.7	-2.3	-122.4	1.6	-3.0
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.3	-0.3	-0.0	0.1	6.7	0.1	-1.1
+ Tax on Items NOT to be Reclassified — alt tag	-0.8	-0.5	1.3	2.9	1.5	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	—	5.6	-2.0	—	—	-1.8	-15.3	72.9	61.1	286.5	-1.4	60.2
+ Tax on Items to be Reclassified	—	—	—	—	—	1.6	-6.9	-6.2	6.3	-11.5	5.7	-1.6
+ Tax on Items to be Reclassified — alt tag	4.4	0.9	-0.1	-6.5	-47.4	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	288.3	271.3	247.1	292.1	719.3	692.0	341.1	518.0	505.7	539.3	1,040.8	558.6
Comprehensive Income — Non-controlling Interests	1.8	19.4	-0.0	-5.6	-1.3	1.9	-0.9	3.9	3.0	1.1	1.6	-3.6
Per Share — as-filed variants
Basic EPS — Continuing Operations	11.16	10.26	9.49	10.97	25.73	26.63	13.32	16.70	17.17	14.04	39.68	18.91
Diluted EPS — Continuing Operations	11.13	10.23	9.46	10.94	25.60	26.50	13.29	16.68	17.16	14.04	39.65	18.89
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	1,439.3	1,200.6	1,142.8	1,244.7	1,292.9	1,426.9	1,520.8	1,671.7	1,684.4	1,635.1	1,750.2	1,842.4
Gross Margin %	30.30	26.91	36.43	37.70	35.78	36.35	42.82	38.22	37.16	37.91	42.88	39.68
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	319.4	251.3	265.2	289.3	305.2	327.5	412.1	492.6	502.1	397.4	586.4	613.7
− Exceptional Items (reconciliation)	0.0	0.0	0.0	-10.9	0.1	476.5	0.0	0.0	0.0	0.0	0.0	0.0
Net Income Adj (tax-effected)	293.7	287.3	247.9	291.2	672.1	315.2	349.2	443.5	456.4	371.5	1,047.9	495.1
EPS Adj	11.16	10.26	9.49	11.29	25.73	12.00	13.32	16.70	17.17	14.04	39.68	18.91
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Filed Debt Equity	0.00	0.00	0.00	0.00	0.00	0.12	0.13	0.16	0.17	23.00	0.11	0.08
Filed Dscr	3.00	1.00	4.00	3.00	8.00	0.26	3.64	18.70	19.73	2.15	1.21	5.31
Filed Iscr	7.00	10.00	8.00	9.00	—	18.92	18.21	23.41	23.77	21.11	69.58	46.16
Paid Up Equity Capital	130.8	130.8	131.1	131.2	131.2	131.2	131.6	131.8	131.9	131.9	131.9	131.9

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Welspun Corp Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 29 October 2026 at 2:31 pm IST

Welspun Corp (NSE: WELCORP) reported its Q2 FY27 results (July–September 2026) on Thursday, 29 October 2026 at 2:31 pm IST. Consolidated net profit attributable to shareholders was ₹499 crore, up 13.4% from ₹440 crore in Q2 FY26 and down 52.4% from ₹1,046 crore in Q1 FY27. Revenue from operations was ₹4,644 crore, up 6.2% year on year and up 13.8% from the previous quarter.

Q2 FY26 results (a year earlier): 30 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹499 Cr+13.4% vs Q2 FY26−52.4% vs Q1 FY27Total incl. minority interest ₹495 Cr
Revenue from operations: ₹4,644 Cr+6.2% vs Q2 FY26+13.8% vs Q1 FY27
Operating margin (EBIT): 12.9%+1.3 pts vs Q2 FY26−1.1 pts vs Q1 FY27EBIT ₹597 Cr
EBITDA: ₹727 Cr+22.9% vs Q2 FY26+5.0% vs Q1 FY27margin 15.6%
Earnings per share (basic): ₹18.91+13.2% vs Q2 FY26−52.3% vs Q1 FY27
Net profit margin: 10.7%+0.7 pts vs Q2 FY26−14.9 pts vs Q1 FY27

Questions

What was Welspun Corp's net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹499 crore, up 13.4% from ₹440 crore in Q2 FY26 and down 52.4% from ₹1,046 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹495 crore.

How were Welspun Corp's Q2 FY27 results?

Both grew from a year earlier: net profit was up 13.4% at ₹499 crore and revenue was up 6.2% at ₹4,644 crore. The operating margin was 12.9%, up 1.3 percentage points from 11.6% a year earlier. Against Q1 FY27, net profit was down 52.4% and revenue up 13.8%.

What was Welspun Corp's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹597 crore, a margin of 12.9%, against 13.9% in Q1 FY27 and 11.6% in Q2 FY26. EBITDA was ₹727 crore, 15.6% of revenue.

What was Welspun Corp's revenue in Q2 FY27?

Revenue from operations was ₹4,644 crore, up 6.2% year on year and up 13.8% from the previous quarter.

What was Welspun Corp's EPS in Q2 FY27?

Basic earnings per share were ₹18.91, against ₹16.70 in Q2 FY26.

What is Welspun Corp's net profit margin?

Welspun Corp's net profit margin was 10.7% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 10.1% in Q2 FY26 (up 0.7 percentage points). For FY26 as a whole it was 9.6%.

What was Welspun Corp's net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹1,545 crore, up 95.6% from ₹790 crore in the same months a year earlier. Revenue from operations was ₹8,725 crore, up 10.1%.

What was Welspun Corp's net profit in FY26?

Consolidated net profit attributable to shareholders was ₹1,613 crore in FY26 (April 2025–March 2026), down 15.5% from ₹1,908 crore in FY25. It was ₹1,110 crore in FY24 and ₹207 crore in FY23: up 680.4% over three years, 98.4% a year on average.

When will Welspun Corp announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

How has Welspun Corp's profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹453 crore in Q3 FY26, ₹370 crore in Q4 FY26, ₹1,046 crore in Q1 FY27 and ₹499 crore in Q2 FY27. That is ₹2,368 crore over the four quarters, up 9.5% from ₹2,163 crore in the four quarters before. Revenue from operations: ₹4,532 crore, ₹4,313 crore, ₹4,081 crore and ₹4,644 crore.

What was Welspun Corp's revenue in FY26?

Revenue from operations was ₹16,770 crore in FY26 (April 2025–March 2026), up 20.0% from ₹13,978 crore in FY25. It was ₹17,340 crore in FY24 and ₹9,758 crore in FY23: up 71.9% over three years, 19.8% a year on average.

When did Welspun Corp announce its Q2 FY27 results?

On Thursday, 29 October 2026 at 2:31 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 30 October 2025.

Where do these Welspun Corp figures come from?

From Welspun Corp's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 29 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.