Welspun Living Limited (WLL) announced the outcome of its Board meeting held on February 12, 2026. The Board approved the Unaudited Financial Results for the third quarter ended December 31, 2025. Key financial highlights show Total Income at ₹2,277 crore, a 9.9% YoY decline, with EBITDA at ₹175 crore (7.7% margin). Additionally, the Board sanctioned the redemption of 13,89,575 0% Redeemable Preference Shares in its subsidiary, Welspun Global Brands Limited.
Welspun Living Announces Q3 FY26 Financial Outcome
Welspun Living Ltd. (WLL) communicated the outcome of its Board of Directors meeting held on Thursday, February 12, 2026. The key agenda items approved were the results for the third quarter ending December 31, 2025, and a significant corporate action regarding share redemption.
Key Consolidated Financial Performance (Q3 FY26)
The consolidated results for Q3FY26 reflected a challenging operating environment, as noted by Chairman Mr. B.K. Goenka. Key performance indicators are:
- Total Income: Stood at ₹2,277 crore, marking a 9.9% decline YoY.
- EBITDA: Registered ₹175 crore, resulting in a margin of 7.7% (down 493 bps YoY).
- PAT (after minorities): Consolidated Profit After Tax was a minimal ₹0.2 crore, compared to ₹121 crore in Q3FY25.
- Balance Sheet Strength: Net Debt was reported at ₹1,332 crore, a reduction from ₹1,658 crore last year.
Segmental Performance Insights
The Home Textile business revenue was ₹2,175 crore (down 4.7% YoY), contributing EBITDA of ₹160 crore (7.3% margin). The Flooring segment revenue declined more sharply by 20.3% YoY to ₹172 crore, with EBITDA dropping to just ₹3 crore (1.7% margin).
Redemption of Preference Shares Approved
In a separate resolution, the Company approved the redemption of preference shares in its subsidiary, Welspun Global Brands Limited (WGBL). The approval covers the redemption of 13,89,575 0% Redeemable Preference Shares (“RPS”) at an issue price of Rs. 1000/- per share, in line with the terms of their issue.
Other Operational Updates
The company highlighted several operational milestones:
- The ‘Welspun’ brand continues to strengthen its market leadership in India.
- Innovation was a significant contributor, accounting for approximately 22% of business during the quarter.
- The Company also noted that the trading window for Insiders, previously closed since December 26, 2025, will re-open from Sunday, February 15, 2026.
Auditor Review Conclusion
The Unaudited Consolidated Financial Results were reviewed by Statutory Auditors SRBC & CO LLP. The auditors concluded that nothing came to their attention to suggest that the statements, prepared according to Ind AS, contained any material misstatement, though they issued a Limited Review Report, not a full audit opinion.
Source: BSE
