Welspun Corp announced its Q2 financial results, highlighting a profit before tax of ₹588.49 crores. The Board approved the acquisition of 4.11% equity shares of Welspun Specialty Solutions Limited, increasing its stake to 55.17%. Furthermore, Welspun is expanding its global footprint by incorporating two wholly-owned subsidiaries in the United Arab Emirates, focusing on investment holding and international marketing activities. All decisions were made during the Board of Directors meeting on October 30, 2025.
Financial Performance
Welspun Corp reported its unaudited consolidated financial results for the quarter and half-year ended September 30, 2025. Key highlights include:
- Profit before tax: ₹588.49 crores
- Net profit for the period: ₹365.75 crores
- Total Comprehensive Income: ₹521.92 crores
Subsidiary Stake Increase
The Board approved the acquisition of 2,72,39,744 equity shares, representing 4.11%, of Welspun Specialty Solutions Limited from the Promoter Group. This acquisition will increase Welspun Corp’s equity holding in its subsidiary to 55.17%. The price will be determined by the market, subject to compliance with applicable laws.
Global Expansion in UAE
Welspun Corp is expanding its international presence by incorporating two wholly-owned subsidiaries in the United Arab Emirates:
- A subsidiary in the Dubai International Financial Centre focused on investment holding activities.
- A subsidiary in a Free Trade Zone focused on international marketing and trading activities.
Additional Key Financials
Additional key metrics as of September 30, 2025:
- Debt Equity Ratio: 0.20
- Operating EBIDTA Margin: 18.48%
- Net Profit Margin: 20.07%
Source: BSE
