Welspun Enterprises Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a substantial year-on-year increase in net profit, driven by strong revenue growth and improved operational efficiencies. The consolidated revenue from operations saw a significant uptick, contributing to the enhanced profitability. The company also highlighted key business developments, including strategic project wins and progress in its infrastructure and exploration segments.
Welspun Enterprises Reports Strong Q2 FY27 Performance
Welspun Enterprises Limited (WEL) has announced robust financial results for the quarter and half-year ended September 30, 2026. The company showcased a significant improvement in its net profit, demonstrating strong operational and financial performance.
Key Financial Highlights
Consolidated Financials
For the second quarter of FY27, Welspun Enterprises reported a consolidated net profit attributable to owners of the company of ₹296 crore, a substantial increase compared to ₹98 crore in the same quarter of the previous year. This represents a growth of 201%.
The consolidated revenue from operations for Q2 FY27 stood at ₹1,035 crore, marking a 32% increase year-on-year. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) surged by 122% to ₹425 crore, with the EBITDA margin improving to 39.5% from 23.9% in Q2 FY26.
For the half-year ended September 30, 2026, the consolidated net profit attributable to owners of the company was ₹352 crore, up from ₹199 crore in the corresponding period last year, a growth of 77%. The consolidated revenue from operations for H1 FY27 was ₹1,808 crore, an increase of 11% year-on-year. EBITDA for H1 FY27 rose to ₹610 crore, a 53% increase, with the EBITDA margin at 32.4%.
Strategic Business Updates
During the quarter, Welspun Enterprises completed the sale of a 51% stake in the Mukarba Chowk Panipat Road Project (MCP), realizing a capital gain of ₹194 crore. This strategic divestment contributed to the enhanced profitability for the quarter.
Furthermore, Welspun Michigan Engineers Limited (WMEL) secured new orders worth ₹428 crore for pipeline rehabilitation, bolstering the company’s urban infrastructure portfolio. Adani Welspun Exploration Limited (AWEL) also received an order from the Directorate General of Hydrocarbons (DGH) for the utilisation of ONGC’s existing facilities for gas evacuation and processing, a significant step towards accelerating first gas production.
The company’s balance sheet has been strengthened, with cash and cash equivalents of ₹1,432 crore and a net worth of ₹3,581 crore as at September 30, 2026. CRISIL upgraded its long-term credit rating to ‘AA’ with a ‘Stable’ outlook, reflecting the company’s disciplined financial management and resilient business model.
The company maintains a diversified order book of ₹18,708 crore and expressed confidence in achieving its medium-term growth and profitability guidance.
Source: BSE
