Welspun Corp has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a robust consolidated annual revenue of ₹16,770.14 crore and a net profit of ₹1,620.49 crore. Reflecting this strong performance, the Board has recommended a final dividend of 100% (₹5 per equity share), subject to shareholder approval. Additionally, the company has successfully completed key expansion projects in Anjar and Bhopal.
Fiscal Performance Highlights
For the financial year ended March 31, 2026, Welspun Corp demonstrated significant growth, achieving a consolidated revenue of ₹16,770.14 crore compared to ₹13,977.54 crore in the previous year. The annual consolidated net profit stood at ₹1,620.49 crore. For the final quarter (Q4) ending March 31, 2026, the company reported revenue from operations of ₹4,312.56 crore and a quarterly net profit of ₹371.46 crore.
Dividend and Shareholder Returns
In recognition of the company’s solid financial standing, the Board of Directors has recommended a final dividend of 100%, equating to ₹5 per equity share of face value ₹5. The payout is subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Expansions and Operational Milestones
Welspun Corp has successfully completed and operationalized two major projects to enhance its manufacturing capabilities:
- Anjar facility: The existing spiral facility has been upgraded to a hybrid setup, allowing for fungibility between Spiral and LSAW pipe production.
- Bhopal facility: A new coating facility has been commissioned with an annual capacity of 3 million square metres.
Portfolio Realignment
The company has also finalized the sale of its 26% equity stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited for ₹7.6 crore. This transaction aligns with the company’s strategy to streamline its associate company portfolio, with the sale expected to be completed by August 31, 2026.
Source: BSE
