Archive · 26 Sep 2025

Welspun Corp Secures ₹1,600 Crore Orders, Reports Strong Q1

Welspun Corp Secures ₹1,600 Crore Orders, Reports Strong Q1

Welspun Corp, a pipe manufacturing company, announced new orders totaling ₹1,600 crore since June 4.

These orders include supplying pipes for oil and gas projects in the Middle East.

The company's total order book is now about ₹18,000 crore.

In the first quarter ending June 30, 2025, the company's profits increased significantly, with a 41.2% rise compared to the same period last year.

Revenue also increased by 13.2%.

The company's EBITDA also jumped, indicating strong operational performance.

Despite this, the company's stock price slightly decreased.

Sources