StockWatch
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Iron & Steel Products
Quarterly Result29 Oct 2026, 04:41 pm

Welspun Corp Q2FY27 EBITDA Hits Record ₹782 Cr

AI Summary

Welspun Corp Ltd (WCL) announced its consolidated financial results for Q2FY27, reporting a record-high quarterly EBITDA of ₹782 crore, a 25% increase year-on-year. For the half-year ended September 30, 2026 (H1FY27), EBITDA grew 30% to ₹1,538 crore, and Profit After Tax (PAT) without exceptional items rose 26% to ₹997 crore. The company's net cash position strengthened to ₹3,887 crore, and its global order book reached an all-time high of approximately ₹50,000 crore. WCL is expanding its Spiral (HSAW) Pipe capacity in the USA by 225 KMTPA and is setting up a greenfield Spiral (HSAW) Pipe Plant in Jordan through a joint venture with Perma Pipes Inc. The company also acquired a 49% stake in Welspun Special Coating Private Ltd. for an internal FBE coating plant in India.

Key Highlights

  • Q2FY27 EBITDA reached a record ₹782 crore, up 25% YoY.
  • H1FY27 EBITDA grew 30% to ₹1,538 crore.
  • Global order book hit an all-time high of ~₹50,000 crore.
  • Expanding pipe capacity in USA and setting up a new plant in Jordan.
  • Net cash position strengthened to ₹3,887 crore.