WELCORP quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Welspun Corp Ltd reported sales of ₹4,644 Cr, operating profit of ₹727 Cr (OPM 16%) and net profit of ₹495 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
WELCORP quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
3,614
3,925
3,551
4,374
4,532
4,313
4,081
4,644
Expenses
3,179
3,465
3,026
3,783
3,917
3,809
3,389
3,917
Operating Profit
434
460
525
591
616
504
692
727
OPM
12%
12%
15%
14%
14%
12%
17%
16%
Other Income
487
570
84
131
120
142
685
97
Interest
82
88
63
49
51
49
45
38
Depreciation
90
87
85
84
93
93
125
129
Profit before tax
749
855
461
588
593
504
1,207
656
Tax
10%
18%
24%
25%
23%
26%
13%
24%
Net Profit
672
699
349
444
456
371
1,048
495
EPS in Rs
25.72
26.62
13.31
16.68
17.16
14.04
39.67
18.9
WELCORP profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
6,505
9,758
17,340
13,978
16,770
17,570
Expenses
6,032
9,264
15,778
12,293
14,534
15,031
Operating Profit
473
494
1,561
1,684
2,236
2,539
OPM
7%
5%
9%
12%
13%
14%
Other Income
544
386
504
1,248
478
1,044
Interest
102
243
304
320
212
183
Depreciation
255
303
348
351
355
440
Profit before tax
661
334
1,413
2,262
2,147
2,960
Tax
33%
40%
20%
16%
25%
-
Net Profit
444
199
1,136
1,902
1,620
2,371
EPS in Rs
16.82
7.9
42.44
72.73
61.15
89.77
Dividend Payout
30%
63%
12%
7%
8%
-
WELCORP balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
131
131
132
132
132
Reserves
5,467
7,313
8,063
9,024
10,493
Borrowings
1,967
1,122
1,545
2,355
1,085
Other Liabilities
4,249
6,635
6,799
8,889
11,498
Total Liabilities
11,813
15,201
16,539
20,400
23,207
Fixed Assets
4,800
4,707
5,218
6,536
6,672
CWIP
87
787
952
1,241
2,421
Investments
1,100
1,402
1,357
1,864
1,300
Other Assets
5,827
8,306
9,011
10,759
12,815
Total Assets
11,813
15,201
16,539
20,400
23,207
WELCORP cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
218
-185
1,306
1,504
3,204
Cash from Investing Activity
-201
-348
373
194
-3,714
Cash from Financing Activity
453
909
-1,877
-1,369
875
Net Cash Flow
470
376
-198
328
365
Free Cash Flow
-757
-1,235
1,022
690
715
CFO/OP
78%
-13%
96%
109%
157%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit