Welspun Corp Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a strong consolidated annual revenue of ₹16,770.14 crore and a net profit of ₹1,620.49 crore. Reflecting its solid performance, the Board has recommended a final dividend of 100%, amounting to ₹5 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights
For the financial year ended March 31, 2026, Welspun Corp delivered robust growth, with consolidated revenue reaching ₹16,770.14 crore compared to ₹13,977.54 crore in the previous year. The consolidated net profit for the year stood at ₹1,620.49 crore. For the Q4 (Jan-Mar 2026), the company reported revenue of ₹4,312.56 crore and a net profit of ₹371.46 crore.
Strategic Dividends and Shareholder Value
Demonstrating its commitment to returning value to shareholders, the Board of Directors has recommended a final dividend of 100%. This represents ₹5 per equity share on a face value of ₹5 each. The payout is pending approval from the shareholders at the ensuing Annual General Meeting.
Operational Expansion and Portfolio Optimization
The company has successfully completed and operationalized key strategic projects, including the capability enhancement of the Anjar spiral facility into a hybrid Spiral/LSAW pipe plant and the commissioning of an additional coating facility at Bhopal with an annual capacity of 3 million square meters.
Furthermore, Welspun Corp has streamlined its portfolio through the sale of its 26% equity stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited for ₹760 lakh. Following this transaction, the company will no longer classify Clean Max as an associate.
Source: BSE
