Welspun Enterprises has announced its Q3FY26 financial results, reporting a consolidated net profit of ₹31 crores compared to ₹77 crores in the corresponding quarter of the previous year, representing a 60% year-on-year decline. The infrastructure and road development company's latest quarterly performance reflects mixed results with revenue pressures offset by operational efficiency improvements.

Key Financial Performance

The company's Q3FY26 consolidated financial metrics demonstrate varied performance across different parameters, with some indicators showing improvement despite overall revenue decline.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Welspun Enterprises demonstrated stronger operational performance with consolidated EBITDA reaching ₹573 crores, marking a 10% year-on-year growth. The EBITDA margin improved significantly to 23.1% from 19.2% in the corresponding period of the previous year, representing an improvement of 386 basis points.

Exceptional Items Impact

The company recorded an exceptional loss of ₹49 crores during Q3FY26, which significantly impacted the overall financial outcome. This exceptional item represents Welspun Enterprises' 35% share of the write-off in AWEL relating to the Kutch oil block, where an associate company had to relinquish its 25% proportionate interest.

Management Outlook and Strategic Initiatives

Managing Director Sandeep Garg commented on the results, attributing revenue challenges to extended monsoons, delays in statutory clearances for the Dharavi-Ghatkopar Tunnel, and postponement in the award of the Pune-Shirur project. The company now expects consolidated revenues of ₹3,600-3,700 crores for FY26 while remaining on track to achieve full-year EBITDA targets.

Financial Position and Credit Rating

Welspun Enterprises maintains a strong balance sheet with consolidated cash and cash equivalents of approximately ₹1,400 crores. CRISIL has revised the company's rating outlook from Stable to Positive while reaffirming the long-term rating at CRISIL AA- and short-term rating at CRISIL A1+. The company also received Great Place to Work Certification for the second consecutive year.

Welspun Enterprises has announced its quarterly earnings conference call to discuss the unaudited financial results for Q3FY26 and 9MFY26 periods ended December 31, 2025. The company issued this disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on February 02, 2026.

Earnings Call Schedule

The earnings call has been organized as a group meeting with comprehensive participation from the company's leadership team.

Management Participation

The earnings call will feature extensive representation from Welspun Enterprises' senior management across different business verticals:

• Mr. Sandeep Garg - Managing Director, Welspun Enterprises Limited
• Mr. Saurin Patel - Head of Integrated Water Vertical & Managing Director, Welspun Michigan Engineers Limited
• Mr. Abhishek Chaudhary - Chief Executive Officer (Transportation Vertical)
• Mr. Lalit Jain - Chief Financial Officer
• Mr. Hardik Debhar - Head of Finance & Investor Relations, Welspun Enterprises Limited and CFO, Welspun Michigan Engineers Limited
• Ms. Sangeeta Tripathi - Lead Investor Relations

Dial-in Information

The company has provided multiple access options for participants to join the conference call:

Domestic Access

International Toll-Free Numbers

Contact Information

For additional information regarding the earnings call, participants can contact JM Financial Institutional Securities representatives:

• Mr. Vaibhav Shah: +91-22-66303068, vaibhav.shah@jmfl.com
• Mr. Parth Thakkar: +91-22-62241879, parth.thakkar@jmfl.com

The disclosure was signed by Company Secretary Nidhi Tanna (ACS – 30465) and submitted to both BSE Limited (Scrip Code: 532553) and National Stock Exchange of India Limited (Symbol: WELENT) as per regulatory requirements.