Welspun Corp has reported robust financial results for the fiscal year ended March 31, 2026. The company achieved a consolidated annual revenue of ₹16,770.14 crore and a net profit after tax of ₹1,620.49 crore. Additionally, the Board recommended a 100% final dividend of ₹5 per share. The company also announced the divestment of its 26% stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited for ₹760 lakh.
Fiscal Year 2026 Financial Highlights
For the financial year 2026, Welspun Corp demonstrated strong performance, recording a consolidated revenue of ₹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. Shareholders are set to benefit, as the Board of Directors has recommended a final dividend of 100%, amounting to ₹5 per equity share, subject to approval at the upcoming Annual General Meeting.
Strategic Infrastructure Milestones
The company has successfully concluded key expansion projects aimed at bolstering its manufacturing capabilities. Specifically, the Spiral facility at Anjar has been upgraded into a hybrid unit capable of producing both Spiral and LSAW pipes. Furthermore, a new coating facility has been commissioned at Bhopal, adding a significant capacity of 3 million square metres per annum to the company’s output.
Corporate Divestment
As part of its portfolio optimization, Welspun Corp has approved the sale of its 26% equity stake in Clean Max Dhyuthi Private Limited. This transaction, valued at ₹760 lakh, will be executed with Welspun Living Limited, a promoter group company. Upon completion of this deal, which is expected by August 31, 2026, the entity will cease to be an associate of the company.
Source: BSE
