Welspun Corp Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing strong operational performance across key business segments. The Board of Directors approved the results at their meeting held on January 30, 2026.

Financial Performance Highlights

The company delivered robust consolidated revenue growth during Q3FY26, with total income reaching Rs 4,562.04 crores compared to Rs 3,656.57 crores in Q3FY25. Revenue from operations specifically grew 25.4% year-on-year to Rs 4,532.48 crores.

Nine-Month Performance

For the nine months ended December 31, 2025, the company maintained strong momentum with total income of Rs 12,557.22 crores, representing growth from Rs 10,200.47 crores in the corresponding period of the previous year. Net profit for the nine-month period reached Rs 1,249.03 crores compared to Rs 1,203.09 crores in the previous year.

Segment-wise Performance

The steel products segment remained the primary revenue contributor, generating Rs 4,381.03 crores in Q3FY26 compared to Rs 3,464.07 crores in Q3FY25. The segment also delivered strong profitability with segment results of Rs 560.44 crores versus Rs 348.76 crores in the previous year.

Corporate Developments

During Q3FY26, Welspun Corp undertook several strategic initiatives to strengthen its business operations. The company allotted 1,83,750 equity shares of Rs 5 each upon exercise of Employee Stock Options, increasing the paid-up equity share capital from Rs 131.80 crores to Rs 131.90 crores.

The company also incorporated two new subsidiaries during the quarter - Welspun Global IFSC Limited in Gift City, Gujarat, and Welspun Global Holdings Limited in Dubai International Financial Centre, United Arab Emirates.

Financial Position and Ratios

Welspun Corp maintained a strong financial position with improved key ratios. The debt-equity ratio stood at 0.17 as of December 31, 2025, compared to 0.33 in the previous year. The current ratio remained stable at 1.32, while the operating EBITDA margin reached 15.77% for Q3FY26.

The company's networth increased to Rs 8,869.62 crores as of December 31, 2025, from Rs 6,870.19 crores in the previous year, reflecting the strong financial foundation and growth trajectory of the business.

Welspun corp Limited has achieved a significant milestone in sustainability rankings, securing the 5th position globally and 2nd position in India among steel companies in S&P Global's Corporate Sustainability Assessment 2025. The flagship company of Welspun World, known for its complete pipe solutions and building material business verticals, continues to demonstrate its commitment to sustainable business practices.

ESG Performance and Rankings

The company's sustainability performance showed marked improvement with key metrics highlighting its progress:

Welspun Corp attributes this achievement to its steadfast commitment to environmental sustainability, including its ambitious goal to achieve carbon and water neutrality by 2040. The company's continued emphasis on social responsibility, strong governance practices, and transparent disclosures contributed to this improved ranking.

Leadership Perspective

Vipul Mathur, MD & CEO of Welspun Corp Ltd, emphasized the significance of this achievement: "Consistent improvement in our scores and global rankings reflects the strength of our sustainability strategy and execution. Sustainability is embedded in our core mission to drive a greener, future-ready world, with a clear focus on delivering net positive societal and environmental impact, alongside robust governance."

About S&P Global Corporate Sustainability Assessment

The S&P Global CSA represents one of the most comprehensive sustainability evaluations in the corporate world. Key features of this assessment include:

• Annual evaluation covering over 10,000 companies globally
• Focus on sustainability criteria that are industry-specific and financially material
• Operating since 1999, providing long-term sustainability benchmarking
• Global recognition as a leading sustainability assessment framework

Company Profile and Operations

Welspun Corp Ltd operates as one of the largest manufacturers of large diameter pipes globally, with an established presence across six continents and fifty countries. The company's manufacturing capabilities extend beyond pipes to include:

• Ductile Iron (DI) Pipes
• TMT (Thermo-Mechanically Treated) Rebars
• BIS-certified Steel Billets
• Stainless Steel Bars and Pipes & Tubes

The company maintains state-of-the-art manufacturing facilities in Anjar (Gujarat), Bhopal (Madhya Pradesh), Mandya (Karnataka) and Jhagadia (Gujarat) in India, with international manufacturing presence in Little Rock, Arkansas, USA, and Dammam, Kingdom of Saudi Arabia.