Welspun Living Limited has reported a strong start to FY27, with consolidated revenues for the first quarter (Q1FY27) surging by 23.5% YoY to ₹2,828 crore. The company also saw an expansion in EBITDA margins to 12.5%, driven by healthy volume recovery and an improving business mix. Home textile revenue grew by 26.2% YoY, while the flooring segment experienced a 3.1% increase.
Welspun Living Reports Robust Q1 FY27 Performance
Welspun Living Limited (WLL) commenced FY27 on a strong footing, announcing significant year-on-year growth in its first-quarter financial results. Consolidated revenues for Q1FY27 reached ₹2,828 crore, marking a substantial increase of 23.5% compared to the same period last year. This growth was propelled by a healthy volume recovery, operating leverage, and a more favorable business mix.
Key Financial Highlights
The company’s EBITDA margins also showed improvement, expanding to 12.5% in Q1FY27. Profit After Tax (PAT) stood at ₹161 crore, with a PAT margin of 5.7%. In a year-on-year comparison, Total Income saw a 23.5% rise, while EBITDA increased by 39.1%. Quarter-on-quarter, Total Income grew by 15.4%, and EBITDA saw a 33.6% uplift.
Segmental Performance
The Home Textile segment continued to be a strong performer, with revenues rising by 26.2% YoY to ₹2,680 crore. The EBITDA margin for this segment was 11.7%. The Flooring segment reported revenues of ₹188 crore, a 3.1% increase year-on-year, with an EBITDA margin of 10.4%. The company also highlighted a 25% YoY growth in its overall branded business, contributing 18% to the total revenue.
Operational and Innovation Focus
Operational highlights include strong utilization rates in the Home Textile segment, with Bath Linen at 83%, Bed Linen at 60%, and Rugs & Carpets at 74%. The Advanced Textile segment saw utilization rates of 48% for Spunlace, 36% for Needle Punch, and 18% for Wet Wipes. In terms of innovation, the company secured 50 patents globally, with innovation-led sales accounting for 25% of revenues.
Sustainability Commitment
Welspun Living reiterated its commitment to sustainability. The company achieved 27% renewable energy (RE) in its operations in Q1 FY27, progressing towards its goal of 100% sustainable cotton. Fresh water consumption per KL/MT was 12.5, and Zero Hazardous Waste stood at 22.09 MT. The company continues to make strides in impacting lives, with 224,070 lives impacted in CSV and 23,646 farmers engaged in sustainable farming.
Source: BSE
