Welspun Living Limited announced its Q1 FY27 results, showcasing a significant year-on-year revenue growth of 23.5% to ₹2,828 crore. The company also reported expanding margins for the third consecutive quarter, with EBITDA increasing to ₹354 crore and PAT growing 1.8x to ₹161 crore. This performance highlights strong momentum in both domestic and export markets, driven by robust demand and operational efficiencies.
Strong Q1 Performance for Welspun Living
Welspun Living Limited has reported its financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ended June 30, 2026, revealing a period of robust growth and expanding profitability. The company achieved a revenue of ₹2,828 crore, marking a substantial 23.5% increase year-on-year and a 15.4% sequential rise. This performance underscores a strong start to the fiscal year.
Key Financial Highlights
The company’s EBITDA stood at ₹354 crore. Notably, the EBITDA margin improved for the third consecutive quarter, reaching 12.5% – a gain of 140 basis points year-on-year and 170 basis points sequentially. Profit After Tax (PAT) also saw a significant surge, growing 1.8 times year-on-year to ₹161 crore. These results reflect the company’s focus on profitable growth and effective cost management, further strengthened by healthy cash generation and disciplined working capital management.
Business Segment Performance
Welspun Living’s business segments demonstrated impressive growth. Home textile exports grew by 28.1% year-on-year, benefiting from improving demand conditions. The UK & Europe market delivered over 20% growth, with Free Trade Agreements (FTAs) creating long-term opportunities. The US pillow business experienced a 2.3x year-on-year growth in Q1 and is on track to double revenues in FY27. The domestic business maintained strong momentum, growing nearly 21.3% year-on-year, driven by deeper penetration of its brands. Global brands like Christy also maintained double-digit growth.
Operational and Sustainability Achievements
The company highlighted operational discipline, with flooring margins improving to 10.4%. Innovation played a crucial role, contributing approximately 25% of the business. In a significant step towards sustainability, Welspun’s Anjar facility transitioned to operating on 100% green power effective mid-July 2026, underscoring the company’s commitment to environmental responsibility.
Management Commentary
Mr. B.K. Goenka, Chairman, Welspun Group, commented on the results, stating, “Q1FY27 is clear evidence of that – we have begun the year with a strong quarter with revenues up 23.5% year on year. It is encouraging to see these strategic investments translating into broad-based growth and improved profitability.” He further noted the favourable global sourcing landscape for India and the company’s well-positioned capabilities to capitalize on emerging opportunities.
Source: BSE
