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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..