Welspun Corp Limited has reported robust financial results for the fiscal year ended March 31, 2026. The company posted a consolidated revenue of ₹16,770.14 crore and a net profit after tax of ₹1,620.49 crore. Reflecting this strong performance, the Board of Directors has recommended a final dividend of 100% (₹5 per equity share), subject to shareholder approval. Additionally, the company marked the successful completion of key capacity expansion projects.
Financial Highlights
Welspun Corp concluded the fiscal year 2026 with strong momentum. The company achieved a total consolidated revenue of ₹16,770.14 crore, compared to ₹13,977.54 crore in the previous year. The net profit after tax attributable to owners stood at ₹1,613.05 crore for the year. For the fourth quarter (Jan-Mar 2026), the company reported a revenue of ₹4,312.56 crore with a net profit of ₹371.46 crore.
Strategic Growth and Operational Milestones
The company successfully reached major operational milestones in FY26. The Board noted the completion and operationalisation of the capability enhancement for the Spiral facility at Anjar into a hybrid facility capable of supplying both Spiral and LSAW pipes. Furthermore, an additional coating facility was commissioned at Bhopal, adding 3 million square meters per annum of capacity to support the company’s steel products segment.
Capital Allocation
Following the positive annual results, the Board of Directors has recommended a final dividend of 100%, translating to ₹5 per equity share of face value ₹5. The payout is subject to the approval of shareholders at the upcoming Annual General Meeting.
Corporate Developments
In a move to streamline its portfolio, the company has approved the sale of its 26% equity stake in Clean Max Dhyuthi Private Limited to Welspun Living Limited, a promoter group entity, for a consideration of ₹7.60 crore. Upon completion of this transaction, CleanMax will cease to be an associate of the company.
Source: BSE
