Welspun Living announced its Q2 FY26 results alongside leadership changes. Revenue stood at ₹2,456 cr, a 16.4% YoY decrease. EBITDA was ₹168 cr with a margin of 6.8%. The company appointed Mr. Manish Bansal as President & CFO effective January 1, 2026, and Ms. Shraddha Popat as AVP & Company Secretary, effective November 12, 2025.
Financial Performance
Welspun Living reported a revenue of ₹2,456 cr in Q2 FY26, reflecting a 16.4% decrease compared to the previous year. The EBITDA stood at ₹168 cr, resulting in a margin of 6.8%.
The Home Textile segment reported revenue of ₹2,322 cr, while the Flooring segment recorded ₹181 cr.
Net debt stood at ₹1,570 cr, compared to ₹1,832 cr in the previous year.
Leadership Appointments
The company announced the following leadership appointments:
- Mr. Manish Bansal as President & Chief Financial Officer (effective January 1, 2026).
- Ms. Shraddha Popat as AVP & Company Secretary and Compliance Officer (effective November 12, 2025).
- Mr. Sanjay Verma as President & Head – Manufacturing (effective November 12, 2025).
- Ms. Ruchika Arora as President and CEO – Domestic Retail Business for Home Textile & Flooring (effective November 12, 2025).
Leadership Changes
The company noted the resignation of Mr. Saumil Mehta as President of Domestic Home Textiles, effective close of business hours on December 31, 2025.
Source: BSE
