It had clocked a internet revenue of Rs 282.96 crore within the July-September interval of the previous 2024-25 monetary yr, the corporate stated in a regulatory submitting.
Whole revenue elevated to Rs 4,408.66 crore within the September quarter from Rs 3,364.23 crore within the year-ago interval.
Whole bills stood at Rs 3,916.09 crore, greater from Rs 3,074.90 crore in Q2 FY25.
The board of the corporate additionally accepted the incorporation of two wholly-owned subsidiaries within the United Arab Emirates (UAE).
One of many proposed corporations shall be included on the Dubai Worldwide Monetary Centre. It’ll act as an funding holding firm to supervise the investments globally.One other entity shall be included on the Free Commerce Zone within the UAE to deal with world advertising for all merchandise and perform the enterprise of buying and selling of any of the merchandise and uncooked supplies through which the mother or father firm transacts.Incorporation of the proposed corporations is topic to the regulatory approvals within the United Arab Emirates.
The board additional accepted the acquisition of over 2.72 crore (4.11 per cent) fairness shares of Welspun Specialty Options Restricted, a subsidiary firm, from the Promoter Group on the market worth, topic to compliance with relevant legal guidelines.
Upon completion of this acquisition, the corporate’s fairness holding in Welspun Specialty Options Restricted will enhance from 51.06 per cent to 55.17 per cent.
In an investor presentation, the worth of the corporate’s whole order guide reached Rs 23,500 crore in September 2025.
Welspun Corp stated numerous ongoing home and worldwide initiatives are on monitor and anticipated to be accomplished by their respective timelines.
