Welspun Corp Reports Record Rs 5.6 Billion EBITDA in Q1 FY26

30 Jul 2025 CW Team

Welspun Corp Ltd (WCL), the flagship company of Welspun World, announced its consolidated financial results for the quarter ended 30 June 2025, reporting its highest-ever quarterly EBITDA of Rs 5.6 billion, with a strong year-on-year (YoY) growth trajectory sustained over five consecutive quarters.

Total income for Q1 FY26 rose by 12.8 per cent YoY to Rs 35.87 billion. EBITDA surged 34.5 per cent to Rs 5.6 billion, while profit after tax increased by 41.2 per cent to Rs 3.5 billion. The company also reported an annualised Return on Capital Employed (ROCE) of 24 per cent.

WCL closed the quarter with a robust order book worth approximately Rs 190 billion, covering line pipes in India and the US, ductile iron pipes, and stainless steel bars and pipes. The US mill is fully booked for the next two years.

Despite incurring capital expenditure of approximately Rs 4.5 billion during the quarter, WCL maintained a healthy net cash position, with Rs 6 billion in cash and bank balances.

The company’s strategic focus on core geographies—India, the United States, and the Kingdom of Saudi Arabia (KSA)—continues to yield results. Key investment projects in these regions are on track. Its associate, East Pipes Integrated Company for Industry (EPIC) in KSA, reported strong performance driven by higher volumes and an optimised product mix.

In the domestic market, line pipe operations remain robust, with solid export performance. Other segments, including ductile iron pipes, stainless steel bars and tubes, Sintex products, and TMT rebars, met expectations for the quarter.

Sintex launched its pipe range in Chhattisgarh in May 2025, while its Bhopal plant for OPVC pipes is expected to be operational from Q2 FY26.

The outlook for the US market remains favourable, supported by the current administration's continued investment in oil and gas infrastructure.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..